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Yesco

2014 Franchise 500
#345
At a Glance

Products & Services: Signs, lighting services

Number of Locations: 76

Total Investment: $66.5K - $260K

Founded: 1920

Began Franchising: 2011

About Yesco

Yesco's history goes back to 1920, when Thomas Young borrowed $300 from his father to start the Thomas Young Sign Company, which specialized in lighted signs, wall-painted ads, gold-leaf window lettering and coffin plates. In 1925, the company was renamed Young Electric Sign Company (YESCO) and began selling neon signs. Over the years, the company has designed and installed some of the most recognized signs in Las Vegas, including the Hard Rock Cafe guitar, Vegas Vic, and the Welcome to Fabulous Las Vegas sign. Yesco began offering a sign and lighting service and maintenance franchise in 2011 to both startups and existing sign business owners.

Franchise Units

Year U.S. Canadian International Company Owned
2013 25 4 0 47
2012 16 1 0 37
2011 1 0 0 24
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, South, Southeast.
Franchisor is seeking new units in Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $66,500 - $260,000
Franchise Fee: $25,000 - $50,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
Franchise can be run from home. 60% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (80% 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: multiple times annually. Ongoing coaching by phone
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #345 (2014),
Top New: #23 (2014),
Top Home-Based: #98 (2014),

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