The Great Frame Up Franchise
Saturday, January 30, 2010 at 09:28PM Art, custom Framing, wall décor and accessories
Started in Chicago, The Great Frame Up opened its first location in the Lincoln Park neighborhood in 1971 and started franchising four years later. Their target customers are primarily from mid to upper income households.
Stores are highly computerized and automated. Our exclusive Visualize system allows the customer to see the finished project on a large screen monitor, even painting the wall behind the project the color of the wall in the customer's home. The stores specialize in custom framing and carry "ready to hang" art, unframed art, oil paintings, and home décor accessories. Each store offers computerized catalog shopping with virtually every piece of art still available displayed for special ordering.
The Great Frame Up is part of Franchise Concepts, Inc., which also includes Deck The Walls and in Canada, Framing & Art Centre.
Start-up Costs & Franchises Fees
What is the total cost to open a The Great Frame Up Franchises?
Total Cost: $138,450-$228,200
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 1.5%
Term of Agreement: 10 years
Contact Information for The Great Frame Up
|
Franchise Concepts, Inc. |
Phone Number: (713) 983-9565 |
The Great Frame Up In the Press
No results at this time.Historical Expansion
In what year did The Great Frame Up begin operations? 1971
When did The Great Frame Up begin selling franchises? 1975
Year United States Canada International Corporate 2007 166 0 0 0 2006 182 0 0 0 2005 175 0 0 0 2004 144 0 0 0 2003 135 0 0 0 2002 124 0 0 0 2001 119 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): Franchise Finance, PMC, CIT, Washington Mutual
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
10% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 2 - 4
Absentee ownership of franchise is allowed. (99% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience People skills; customer service skills
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes