Fancy Art, N.F.P.

Fancy Art, N.F.P.

Art and custom framing
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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$105K - $206K
Units as of 2022
2 arrow up 0.0% over 3 years

Fancy Art, N.F.P. is a retail company specializing in providing high-quality framing for artwork and photographs. Founded in Illinois, Fancy Art, N.F.P. has been in business since 1992. The “N.F.P.” in Fancy Art, N.F.P. stands for Not Fancy Prices, potentially indicating that customers may not only be of the 1%.

Fancy Art, N.F.P. has over 10,000 pieces of artwork to choose from and over 4,000 different moldings selections for custom framing. They hope this will allow them to suit every taste and budget. They may even let customers borrow artwork and test it out in their environment so they can be sure they’re making the right decision.

If customers want to frame their own picture instead, they can submit their artwork or photographs online. Fancy Art, N.F.P. will ‘lift the inks off the paper,’ put it on canvas and make it look like an oil painting.

Why You May Want To Start a Fancy Art, N.F.P Franchise

Becoming a Fancy Art, N.F.P. franchisee may let you assist customers who have never done custom framing in making the art on their walls reflect their lifestyle and values. You’ll specialize in helping people turn their vacation memories, including both photos and purchased items, into art for their homes.

Fancy Art, N.F.P. is an excellent choice for franchisees who wish to be surrounded by beautiful artwork and soft music at their store. You may have the chance to deal with sophisticated clientele who appreciate the finer things in life and have the disposable income to afford them. 

Opening a Fancy Art, N.F.P. franchise may allow you to rely on word of mouth for publicity, as your work will be displayed prominently in homes and offices.

What Might Make a Fancy Art, N.F.P. Franchise a Good Choice?

Fancy Art, N.F.P. has a proprietary order management system that may allow customers to easily select options and make changes until they find something that suits their tastes and budget. This business model is in place to allow orders to be uploaded to a production facility, where the majority of the work is completed. The production facility may include framing, matting, and glass fabrication that meet the order specifications. 

Finally, the framed artworks or photographs are returned to the franchisee’s shop for final fitting and delivery. In short, you may not have to worry about purchasing the necessary equipment to do most of the production process.

To be part of the Fancy Art, N.F.P. team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. You will also have to meet the company’s set net worth and liquid capital requirements.

How To Open a Fancy Art, N.F.P Franchise

Before committing to opening a Fancy Art, N.F.P. franchise, you should research the brand and your local area. Find out whether your local area is close to homes and businesses that are likely to hang paintings or photographs on their walls. 

If awarded a franchise, franchisees receive a great deal of support from the Fancy Art, N.F.P. company throughout the franchising process, including both classroom and on-the-job training. Fancy Art, N.F.P. will also give franchisees location guidelines and assist you in location selection.

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Company Overview

About Fancy Art, N.F.P.

Industry
Retail
Founded
1992
Parent Company
Global Market Ventures Inc.
Leadership
George Vodin, President & CEO
Corporate Address
113 E. Main St.
Barrington, IL 60010

Business Overview

Franchising Since
2008 (2023-2008 years)
# of employees at HQ
5
Where seeking

This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming

# of Units
2 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Fancy Art, N.F.P. franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$24,500
Initial Investment Information Circle
$104,700 - $206,100
Net Worth Requirement Information Circle
$250,000
Cash Requirement Information Circle
$30,000 - $50,000
Veteran Incentives Information Circle
$5,000 off franchise fee
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Fancy Art, N.F.P. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
48 hours
Classroom Training
48 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run
2
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Fancy Art, N.F.P. landed on this year's Franchise 500 Ranking versus previous years.

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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022