Fastframe USA Inc.

At a Glance

Products & Services: Custom picture framing & art sales

Number of Locations: 227

Total Investment: $105.7K - $150.2K

Founded: 1986

Began Franchising: 1987

About Fastframe USA Inc.

Started in Newcastle, England, the first American Fastframe store opened in Thousand Oaks, California, in 1986. Fastframe began franchising in 1987. Stores offer immediate turnaround using on-site custom framing. They can also locate hard-to-find or out-of-print pieces of art.

Franchise Units

Year U.S. Canadian International Company Owned
2012 165 0 62 0
2011 176 0 46 0
2010 212 0 39 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $105,700 - $150,200
Franchise Fee: $25,000
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $40,000
Operations
31% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. At regional locations : 1-2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Consumer website

Franchise Ranking History

Franchise 500®: #364 (2010),