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FASTFRAME
 

FASTFRAME is the largest and fastest-growing custom picture framing franchise in the world. With over 300 locations, we maintain our leadership in the industry by recruiting business partners who are both qualified and passionate about our industry. We strive to provide our franchisees with an all-inclusive and uncomplicated process whereby they can easily become a part of this very enjoyable business. FASTFRAME has built its reputation of high quality craftsmanship and customer satisfaction.

Franchisor Background

Year Established:

  1986

Franchising Since:

  1987

IFA Member



Operating Units:

Franchised Units:224 99.6%  
Company-Owned Units:1 0.4%  
 ______ _____  
Total Operating Units:225 100%  
 

Geographic Distribution:

U.S.:225 86.2% In 35 States
Canada:0 0% In 0 Canadian Provinces
International:36 13.8% In 0 Foreign Countries
 ______ _____  
Total:261 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California63
2. Illinois19
3. Texas17

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$30K-45K
Total Investment:$106K-150K
Average Total Investment:$128K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:7.5%
Average Royalty:8%
Advertising Fee:3%

Average Number of Employees:

   1 Full-time, 2 Part-time

Space Needs (in square footage):

   1,200-1,500

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:23
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Newbury Park, CA2 Weeks
2. On-Site1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:1
Formal Education:1
Psychological Profile:1
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   40
U.S.:Yes, All United States
Canada:No
Overseas:No
 
 
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