FASTSIGNS Celebrates Banner Year with Increased Franchise Expansion, Robust Sales

Diversified Growth Strategy, Franchisee Satisfaction, Industry Awards Set Stage for Success in 2014

January 08, 2014 // Franchising.com // CARROLLTON, Texas – While the number 13 is usually considered unlucky, 2013 was another year in a series of strong growth for FASTSIGNS International Inc., the worldwide franchisor for more than 545 FASTSIGNS® sign, graphic and visual communications centers. Besides exceeding goals for opening new centers, signing franchise agreements here and overseas, and completing a third consecutive year of positive sales performance, FASTSIGNS was recognized with multiple honors in both the sign and graphics and franchising industries.

"By all standards, 2013 was a banner year for FASTSIGNS," said CEO Catherine Monson. "We continued to expand through multiple growth strategies, including opening new centers across the United States and Canada, conversion programs for independent sign shops and continued success with its recently launched Co-Brand opportunity for independent printing businesses. The momentum on all fronts will carry us into a strong 2014," Monson said.

But Monson isn’t the only one feeling confident about the brand. Franchisees gave FASTSIGNS consistently high satisfaction rankings for support, initial and ongoing, and corporate/franchisee communication in two prominent 2013 franchise industry surveys. Below are some additional key highlights that added up to a record year for FASTSIGNS:

Carrying the momentum into 2014, FASTSIGNS plans to sign 45 franchise agreements and open an additional 40 centers in the United States and Canada. Target growth markets include: Alaska, California, Florida, the Greater New York City area and the Northeast Corridor of the United States. FASTSIGNS also plans to continue to seek expansion opportunities in Canada, Central and South America, India, Europe and the Middle East, due to large business-to-business sectors in those regions with a need for its services.

About FASTSIGNS®

FASTSIGNS International, Inc. is the worldwide franchisor for the more than 545 FASTSIGNS® sign, graphic and visual communications centers in eight countries including the US (and Puerto Rico), Canada, England, Brazil, Mexico, the Caribbean, Saudi Arabia and Australia (where centers operate as SIGNWAVE®). FASTSIGNS provides comprehensive visual communications solutions to help customers of all sizes – across all industries – meet their business objectives and increase their business visibility through the use of signs, graphics, printing, promotional products and related marketing services. FASTSIGNS was ranked number one for three consecutive years in the sign and graphics category in the Entrepreneur Magazine annual Franchise 500®. For franchise information, contact Mark Jameson (mark.jameson@fastsigns.com or 214-346-5679) or visit www.fastsigns.com.

** Average unit sales and average cash flow is based on unaudited statements supplied by 237 centers opened in the United States for the entire year ended December 31, 2012. The top quartile of the centers based on profitability achieved the average unit sales and cash flow listed above.

SOURCE FASTSIGNS®

Media Contact:

Tori Unger
Fishman Public Relations
(847) 945-1300
vunger@fishmanpr.com

 

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