Magnetsigns Advertising Inc.
At a Glance
Products & Services: Permanent & portable sign rentals
Number of Locations:
Total Investment: $24K - 80K
Founded: 1995
Began Franchising: 1996
Startup Costs, Ongoing Fees and Financing
Total Investment: $24,000 - $80,000
Franchise Fee: $7,900
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $7,900
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 days. Regional managers conduct annual visits; ongoing training materials provided electronically; regional meetings/national convention
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations,
Other marketing support: Product brochures, sales & presentation binders
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