Fastsigns Named the Top Franchise in Its Category by Entrepreneur
CARROLLTON, TX—Dec. 21, 2011—Entrepreneur Magazine has ranked Fastsigns International as the top franchise in the sign and graphic category. This is the second year in a row that Fastsigns has earned the top spot in its category in the magazine’s annual “Franchise 500” rankings.
Fastsigns ranked 107 overall, far surpassing all other players in its category. To determine the rankings for all 500 companies, the magazine uses an exclusive formula that takes into account objective and quantifiable factors, including financial strength and stability, growth rate and size of the system.
“The ranking is a true testament to the tremendous work and success of both our franchisees and our corporate team,” said Catherine Monson, CEO of Fastsigns. “Every day, our franchisees help businesses and organizations visually communicate their products, services and philosophies to their clients and employees through a countless array of graphics, visuals and messaging in multiple formats. Being ranked No. 1 in our category is a significant honor.”
With more than 530 Fastsigns sign and graphic centers located in the United States, Canada, the United Kingdom, Brazil, Mexico, the Caribbean and Australia, the company opened 20 new locations in 2011 and expects to finish the year with 27 new franchise agreements signed. Plans for 2012 include 26 new center openings, and Fastsigns will finish 2011 with signed deals in untapped markets such as Eatontown and Newark, NJ; Syracuse, NY; Bradenton, FL; Lewistown, ID; and Ogden, UT.
Adding to the system wide growth is a conversion strategy, in which existing independent sign shop operators partner with Fastsigns to reach their full potential and long-term goals through franchising with the brand. In fact, Fastsigns has successfully converted several independent sign shops throughout the country to the franchise, including recently signed deals in Kankakee, IL; Salem, NH; and Springfield, OH.
Fastsigns International is the worldwide franchisor for the more than 530 Fastsigns sign and graphic centers located in the United States, Canada, the U.K., Brazil, Mexico, the Caribbean and Australia. Fastsigns sign and graphics centers leverage sign and marketing knowledge, state-of-the-art technology and innovative thinking to solve customers’ marketing and communications challenges—from the simple…to the simply impossible. Centers provide consulting, file transfer, design, production, delivery and installation for a full range of custom sign and graphic solutions.