Lazerquick vs Magnetsigns Advertising Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lazerquick vs Magnetsigns Advertising including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Lazerquick Magnetsigns Advertising
Investment 172500 - 275000 24000 - 80000
Franchise Fee 0 0
Royalty Fee to 5% 10%
Advertising Fee
Year Founded 1968 1995
Year Franchised 1990 1996
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Lazerquick Magnetsigns Advertising
Experience General business experience Marketing skills Retail and/or production experience helpful General business experience

Financing Options

  Lazerquick Magnetsigns Advertising
 
Franchise Fees No No
Start-up Costs No No
Equipment No Yes
Inventory No Yes
Receivables No No
Payroll No No

Training & Support

  Lazerquick Magnetsigns Advertising
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Ad slicks
Operations International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) 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)

Expansion Plans

  Lazerquick Magnetsigns Advertising
US Expansion California, Georgia, Minnesota, Oregon, Washington,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Lazerquick
Magnetsigns Advertising
Franchise Fee
Lazerquick
Magnetsigns Advertising
Royalty Fee
Lazerquick to 5%
Magnetsigns Advertising 10%
Advertising Fee
Lazerquick
Magnetsigns Advertising
Year Founded
Lazerquick 1968
Magnetsigns Advertising 1995
Year Franchised
Lazerquick 1990
Magnetsigns Advertising 1996
Term Of Agreement
Lazerquick 7 years
Magnetsigns Advertising 10 years
Renewal Fee
Lazerquick
Magnetsigns Advertising $3K


Business Experience Requirements

Experience
Lazerquick General business experience Marketing skills Retail and/or production experience helpful
Magnetsigns Advertising General business experience

Financing Options

 
Franchise Fees
Lazerquick No
Magnetsigns Advertising No
Start-up Costs
Lazerquick
Magnetsigns Advertising
Equipment
Lazerquick}
Magnetsigns Advertising
Inventory
Lazerquick
Magnetsigns Advertising
Receivables
Lazerquick
Magnetsigns Advertising
Payroll
Lazerquick
Magnetsigns Advertising

Training & Support

Training
Lazerquick
Magnetsigns Advertising
Support
Lazerquick Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Magnetsigns Advertising Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing
Lazerquick Ad slicks
Magnetsigns Advertising
Operations
Lazerquick International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Magnetsigns Advertising 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)

Expansion Plans

US Expansion
Lazerquick California, Georgia, Minnesota, Oregon, Washington,
Magnetsigns Advertising
Canada Expansion
Lazerquick
Magnetsigns Advertising
International Expansion
Lazerquick
Magnetsigns Advertising