Magnetsigns Advertising vs Lazerquick Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

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

Financing Options

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

Training & Support

  Magnetsigns Advertising Lazerquick
Training
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad slicks
Operations 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) 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)

Expansion Plans

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

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

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

Financing Options

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

Training & Support

Training
Magnetsigns Advertising
Lazerquick
Support
Magnetsigns Advertising Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Lazerquick Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Magnetsigns Advertising
Lazerquick Ad slicks
Operations
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)
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)

Expansion Plans

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