FASTSIGNS International, Inc., franchisor of FASTSIGNS®, the leading sign, graphics and visual communications franchise, announced today that it has signed 39 franchise agreements this year with new and existing franchisees across the country. In the third quarter alone, the brand has inked 22 new agreements, including 13 locations in western and midwestern markets in states, such as California, Texas, Kansas, Washington, Florida and New Mexico. In addition this year, FASTSIGNS has opened 25 new centers.
FASTSIGNS International, Inc. has more than 640 independently owned and operated locations in nine countries worldwide with plans to continue to expand both domestically and internationally. Despite a year of nationwide uncertainty in general for new business development, FASTSIGNS International has experienced tremendous growth in its third quarter and expects to finish the year strong with the signing of more than 50 new franchise agreements and likely entering two new countries.
"We are very excited with the brand's continued growth and success over the past several months, signing nearly two dozen new franchise agreements in Q3 alone and strengthening our presence in key markets throughout the country," said Mark Jameson, EVP of Franchise Support and Development, FASTSIGNS International, Inc. "Experiencing this level of growth is a testament to the strength of the FASTSIGNS brand and business model. Additionally, we've noted an exciting trend with western expansion, most notably in the California market. With that being said, our growth is truly coast-to-coast with more than 400 open markets ready to develop; and 2017 brings a strong focus on the Northeast corridor and New England."
In addition to more than 400 U.S. and Canadian markets targeted for development, FASTSIGNS has 65+ international locations in nine countries open for continued expansion. As part of the brand's development strategy, FASTSIGNS is also targeting Co-Brand and conversion opportunities whereby print shop owners can expand their services by adding FASTSIGNS to their existing business or convert their business into a thriving FASTSIGNS center.
One new franchisee who recently co-branded her existing photo retail shop, Fullerton Photographics, as a FASTSIGNS center is prominent photo industry leader, Gabrielle Mullinax. She said, "As a woman business owner, I've found a true partner in FASTSIGNS who will help expand my existing business by providing our new and current clients the ability to stay on the cutting-edge of the sign, graphics and visual communications industry. For businesses looking for ways to expand their current portfolio and increase their revenue in today's fast-paced market, FASTSIGNS offers an opportunity, including training and support that is first-class in service and made the decision process easy for me."
Also in Q3, FASTSIGNS garnered national recognition in the industry for their strong veteran support. The brand was selected as one of 15 national recipients of the 2016 Secretary of Defense Employer Support Freedom Award, the Department of Defense's highest recognition presented to employers for their exemplary support of National Guard and Reserve members. FASTSIGNS was also named a top franchise by Franchise Business Review (FBR) in its 2016 Top Franchises for Veterans Report, ranking the brand 11th overall, earning its designation as "The Best of the Best" Franchise for Veterans. In addition, FASTSIGNS International was honored at the 2016 Franchise Update STAR Awards, placing 2nd for best recruitment practices.