- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$114K - $189K
- Units as of 2019
-
75 10% over 3 years
Company Overview
Stores include a vertical viewing board for seeing the art as it would appear on a wall with various mat and frame selections. Full service options allow customers to frame pieces themselves or have staff members do it for them. The stores carry in-stock frames, mats, glass, framed art, unframed posters and prints, catalogs with thousands of prints and ready-made frames.
The Great Frame Up is part of Franchise Concepts Inc., a group that includes Deck The Walls and Framing & Art Centre.
About The Great Frame Up
| Industry | Retail |
|---|---|
| Related Categories | Miscellaneous Retail Businesses, Framing Stores |
| Founded | 1971 |
| Parent Company | Franchise Concepts Inc. |
| Leadership | Joseph Lynch, CEO |
| Corporate Address |
221 First Executive Ave. St. Peters, MO 63376 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 1975 (49 years) |
|---|---|
| # of employees at HQ | 11 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 75 (as of 2019) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a The Great Frame Up 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
|
$30,000 |
|---|---|
|
Initial Investment
|
$113,682 - $188,615 |
|
Net Worth Requirement
|
$200,000 |
|
Cash Requirement
|
$75,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1.5% |
|
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 | The Great Frame Up has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
|---|
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 | 40 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2 |
|
Are exclusive territories available?
|
Yes |
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