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Description

How To Open a The Great Frame Up Franchise?

To begin your journey as a The Great Frame Up franchisee, you will need to complete a Franchise Agreement and pay an initial franchise fee of $30,000. This fee is non-refundable. After signing the agreement, it's crucial to select a suitable location for your store, which must be approved by the franchisor. You are required to open your first full store within 12 months and at least two showroom stores within 30 months. The franchise offers comprehensive training programs to help you get started effectively.

What Might Make a The Great Frame Up Franchise a Good Choice?

Before committing to a The Great Frame Up franchise, it’s essential to assess your local market and financial readiness. The total investment for an original store ranges from $113,682 to $209,465, which includes the franchise fee and other startup costs. Additionally, the franchise has a royalty fee of 6% of gross sales and a 2% advertising fee. This business may appeal to those passionate about art and design, as it offers products and services that cater to a wide audience.

Why You May Want to Start a The Great Frame Up Franchise?

The Great Frame Up stands out by providing high-quality framing services and products, appealing to customers looking to preserve their cherished memories. With over 55 franchised units operating since 2007, the brand offers a proven business model and ongoing support. Franchisees benefit from comprehensive training covering operational standards, marketing strategies, and customer service, making it a favorable option even for newcomers to the retail industry.

Is Owning a The Great Frame Up Franchise the Right Move for You?

Owning a The Great Frame Up franchise allows you to tap into the thriving retail market for custom framing and art products. The franchise does not guarantee exclusivity in your territory, defined as a 3-mile radius around your location. You will face competition from other franchisees and local businesses. Therefore, it’s vital to evaluate your commitment to the business, market conditions, and your ability to manage operations effectively.

The Great Frame Up Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Retail Franchises
A more specific division within the broader industry.

Category

Specialty Retail
Available financing options to help start the franchise.

Funding Year

1998
The main organization that owns the franchise brand.

Parent Company

Franchise Concepts, Inc.
The key individuals guiding the franchise’s strategy and growth.

Leadership

Joseph Lynch
The official business address of the franchisor’s headquarters.

Corporate Address

5700 Mexico Road P Suite 6 P, St. Peters, Missouri 63376
The total amount required to launch the franchise.

Initial Investment

$113,682 - $209,465
The initial fee paid to join the franchise system.

Franchise Fee

$30,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

6%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

1.50%
The minimum liquid capital you must have on hand.

Cash Required

$30,000 - $209,465
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$100,000 - $200,000
The typical yearly revenue generated per franchise location.

Average Revenue

$25,156
The middle value of yearly revenue among franchise locations.

Median Revenue

$368,000
The smallest reported annual revenue among franchisees.

Lowest Revenue

$123,749
The largest reported annual revenue among franchisees.

Highest Revenue

$250,000
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

36 Months

The Great Frame Up Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

56
The number of locations owned by independent franchisees.

Franchised Units

56
The number of locations owned and run by the franchisor.

Corporate Units

0
Units 2021 2022 2023
Total Units 63 60 56
Net Change YoY -3 -4
Franchised Units 63 60 56
Net Change YoY -3 -4
Corporate Units 0 0 0
Net Change YoY 0 0

Company Background

The Great Frame Up is a leading franchise chain specializing in custom framing and art services. Established with the vision of making quality framing accessible to everyone, The Great Frame Up has grown to include numerous locations across the United States. The franchise combines expert craftsmanship with a personalized approach, ensuring that each customer's unique art and framing needs are met with care and precision. With a strong commitment to quality and customer service, The Great Frame Up has become a trusted name in the art and framing industry.

Franchise Opportunity

Investing in a Great Frame Up franchise offers a unique opportunity to enter the thriving custom framing market. As a franchisee, you will benefit from an established brand, comprehensive training programs, and ongoing support from the corporate team. With a relatively low initial investment compared to other retail franchises, you can leverage a proven business model to create a successful enterprise in your community. The Great Frame Up franchise provides the tools and resources needed to turn your passion for art and design into a lucrative business.

Corporate Structure

The Great Frame Up operates under the corporate name The Great Frame Up, Inc., founded in 1976. The company is headquartered in Chicago, Illinois, and has expanded through a franchising model, allowing entrepreneurs to open their own locations. The corporate team focuses on providing franchisees with the support, marketing strategies, and operational guidance necessary to thrive in the competitive custom framing industry.

Royalties

Franchisees of The Great Frame Up are required to pay a royalty fee of 6% of gross sales, which contributes to ongoing support and brand development. Additionally, there is an advertising contribution of 2% of gross sales, which funds national and regional marketing campaigns aimed at increasing brand visibility and driving customer traffic to franchise locations.

Company Mission

At The Great Frame Up, our mission is to enhance the beauty of personal art and cherished memories through exceptional custom framing solutions. We are dedicated to providing high-quality products and personalized services that reflect our customers' individual tastes and styles. Our commitment to craftsmanship and customer satisfaction drives us to create a welcoming environment where art enthusiasts and everyday customers alike can find inspiration and support for their framing needs.

Brand Story

The Great Frame Up began its journey in 1976 when founder William "Bill" H. Meade opened the first store in Chicago. With a passion for art and a vision to provide high-quality framing options, Meade established a business that combined creativity with craftsmanship. Over the years, The Great Frame Up has grown into a recognized brand, known for its dedication to quality and customer service. Each franchise location reflects the brand's commitment to helping customers showcase their art in the best possible way, making The Great Frame Up a beloved choice for framing needs across the nation.

Frequently Asked Questions

The total investment to begin operating a The Great Frame Up franchise ranges from $113,682 to $209,465 for an original store, which includes a franchise fee of $30,000. For showroom stores, the investment ranges from $46,795 to $116,479, with a fee of $2,000.