Fastframe USA Inc.
At a Glance
Products & Services: Custom picture framing & art sales
Number of Locations: 222
Total Investment: $105.7K - 150.2K
Founded: 1986
Began Franchising: 1987
Private Owned
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 |
| 2011 | 176 | 0 | 46 | 0 |
| 2010 | 212 | 0 | 39 | 0 |
| 2009 | 239 | 0 | 31 | 0 |
| 2008 | 300 | 0 | 31 | 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
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 |
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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
America's Top Global: #190 (2009),