Magnetsigns Advertising Inc.

Permanent & portable sign rentals
Year began: 1995    Franchising since: 1996

4225 38th St.
Camrose, AB T4V 3Z3
Canada

Phone: (780)672-8730
Fax: (780)672-8716

Franchisor has 10 employee(s); 5 employee(s) in franchise department.


Franchise Growth
Year

2006
2005
2004
U.S. Franchises
14
13
8
Canadian Franchises
97
89
82

Foreign Franchises
0
0
0
Company
Owned
4
0
0

Where Seeking Franchisees
Nationwide

Costs & Fees
Total investment: $24K-80K
Franchise fee: $7.9K
Ongoing royalty fee: 10%
Term of agreement: 10 years, renewable
Renewal fee: $3K
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentYesNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $10K
Business Experience:
  • General business experience

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)

Training & Support
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

MARKETING SUPPORT
  • Other marketing support: Product brochures, sales & presentation binders

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#465 (2006); #459 (2005);

Low-Cost Franchises:
#125 (2005);

Last Updated: 4/23/2008 12:00:00 AM



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