FastSigns

FastSigns

Signs, graphics
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2022 Franchise 500 Rank
#47 Ranked #44 last year
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Initial investment
$234K - $307K
Units as of 2021
756 10.7% over 3 years

Company Overview

In 1985, print broker and catalog developer Gary Salomon visited a computer shop in Austin, Texas. Impressed with how quickly the shop was able to produce vinyl signs, he decided to open a signmaking shop of his own. Salomon and partner Robert Schanbaum convinced the store's owner to train them on the new technology and signmaking techniques. In exchange, they promised not to open a competing business in Austin.

The partners opened their first store in Dallas later that year and began selling franchises in 1986. By 2000, the company had more than 400 stores making banners, architectural letters, vehicle graphics and signs for windows, yards and buildings.

About FastSigns

Related Categories
Signs
Founded
1985
Parent Company
Propelled Brands
Leadership
Catherine Monson, CEO

Franchising Overview

Franchising Since
1986 (36 years)
# of employees at HQ
115
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
756 (as of 2021)

Franchisor Information

Corporate Address
2542 Highlander Wy., #100
Carrollton, TX 75006

Information for Franchisees

Here’s what you need to know if you’re interested in opening a FastSigns 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
$49,750
Initial Investment
$233,555 - $307,308
Net Worth Requirement
$300,000
Cash Requirement
$80,000
Veteran Incentives
50% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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
FastSigns 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
45 hours
Classroom Training
90 hours
Additional Training
Ongoing visits, regional & annual convention, web seminars
Ongoing Support
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
National Media
Regional Advertising
Marketing Planning & Support
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?
No
Can this franchise be run part time?
No
# of employees required to run
3-5
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where FastSigns landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021