Start-Up Costs and Fees |
||
| Magnetsigns Advertising | YESCO | |
| Investment | 24000 - 80000 | 65000 - 352200 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 6% |
| Advertising Fee | up to 3% | |
| Year Founded | 1995 | 1920 |
| Year Franchised | 1996 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magnetsigns Advertising | YESCO | |
| Experience | General business experience | |
Financing Options |
||
| Magnetsigns Advertising | YESCO | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | Yes |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Magnetsigns Advertising | YESCO | |
| Training | On-The-Job Training: 20 hours Classroom Training: 70 hours Additional Training: Ongoing coaching by phone | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising SEO Website development Email marketing | |
| 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) | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
||
| Magnetsigns Advertising | YESCO | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Magnetsigns Advertising | |
| YESCO | |
| Franchise Fee | |
| Magnetsigns Advertising | |
| YESCO | |
| Royalty Fee | |
| Magnetsigns Advertising | 10% |
| YESCO | 6% |
| Advertising Fee | |
| Magnetsigns Advertising | |
| YESCO | up to 3% |
| Year Founded | |
| Magnetsigns Advertising | 1995 |
| YESCO | 1920 |
| Year Franchised | |
| Magnetsigns Advertising | 1996 |
| YESCO | 2011 |
| Term Of Agreement | |
| Magnetsigns Advertising | 10 years |
| YESCO | |
| Renewal Fee | |
| Magnetsigns Advertising | $3K |
| YESCO | |
Business Experience Requirements |
|
| Experience | |
| Magnetsigns Advertising | General business experience |
| YESCO | |
Financing Options |
|
| Franchise Fees | |
| Magnetsigns Advertising | No |
| YESCO | No |
| Start-up Costs | |
| Magnetsigns Advertising | |
| YESCO | |
| Equipment | |
| Magnetsigns Advertising} | |
| YESCO | |
| Inventory | |
| Magnetsigns Advertising | |
| YESCO | |
| Receivables | |
| Magnetsigns Advertising | |
| YESCO | |
| Payroll | |
| Magnetsigns Advertising | |
| YESCO | |
Training & Support |
|
| Training | |
| Magnetsigns Advertising | |
| YESCO | On-The-Job Training: 20 hours Classroom Training: 70 hours Additional Training: Ongoing coaching by phone |
| Support | |
| Magnetsigns Advertising | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| YESCO | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Magnetsigns Advertising | |
| YESCO | Co-op Advertising Ad Templates National Media Regional Advertising SEO Website development Email marketing |
| 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) |
| YESCO | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
|
| US Expansion | |
| Magnetsigns Advertising | |
| YESCO | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Magnetsigns Advertising | |
| YESCO | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Magnetsigns Advertising | |
| YESCO | |