About Fastframe Franchise
Fastframe is a custom picture framing franchise that has been offering opportunities since 1987, making it one of the most established names in the retail framing industry.
With a franchise fee of $35,000, Fastframe USA, Inc.
provides entrepreneurs with a business model centered on expert custom framing services and related retail products.
Fastframe Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 6% of total gross receipts of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of gross receipts | National brand fund |
| Total Investment Range | $135,325 – $218,195 | Includes build-out, inventory, working capital |
The investment range of $135K–$218K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of total gross receipts) and marketing fee (2% of gross receipts) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee or Administrative Fee | $35,000 | $35,000 |
| Opening Fee | $14,800 | $14,800 |
| Initial Marketing Expense | $15,000 | $15,000 |
| Store Opening Costs Leasehold Improvements and Signage | $5,000 | $65,000 |
| Machinery, Equipment, Computer System & LifeSaver Software | $29,125 | $33,165 |
| Fixtures & Displays | $8,000 | $15,000 |
| Shipping, Taxes, and Miscellaneous | $500 | $4,000 |
| Initial Inventory & Supplies | $10,900 | $12,230 |
| Prepaid Business Expenses, Travel & Lodging | $7,000 | $9,000 |
| Additional Funds (3 Months) | $10,000 | $15,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | (i) 5% of the total purchase price being paid to you for your FASTFRAME business, excluding inventory if you find the buyer for your business; or (ii) 10% of the total purchase price, excluding inventory, if FASTFRAME finds the buyer |
| Renewal Fee | 25% of the then current franchise fee |
| Audit Fee | Cost of audit plus any late fees and charges |
| Framing Services Fees | Our then-current prices for the particular work requested, typically ranging from $80 to $250 per project. |
| Designated Marketing Areas (“DMA”) | A flat fee (currently ranging from $200 to $350 depending on which DMA your Outlet is in) on the 15th day of each month... or (b) 2% of your Outlet’s weekly Gross Receipts up to the amount that would have been paid under the Flat Fee contribution... |
| Coop Campaign | $100 to $400 per month depending on your market and the nature of any proposed campaign |
| Interest on financing of Initial Franchise Fee | 12% or the highest rate allowed by law, whichever is less |
| Insurance and other reimbursements | Amount of unpaid premiums or other charges |
| Reimbursement for Repairs and Remodeling | FASTFRAME’s costs for repairs and remodeling |
| Late Fee, charges for unpaid checks, drafts or electronic payments and default reimbursement | Up to $100 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | two weeks |
| Classroom Training | 80 hours |
| On-the-Job Training | 48 hours |
| Training Location | FASTFRAME’s production headquarters at 21101 Osborne Street, Canoga Park, CA 91304 |
| Additional Training | Periodic optional refresher courses are available to franchisees and their employees as needed. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | approximately 50,000 - 75,000 people |
| Description | Territories are typically defined by zip codes, by a map or by naming streets or natural boundaries, encompassing approximately 50,000 - 75,000 people as determined from information provided by Claritas, Inc. or other reliable sources. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two 10-year renewal terms |
| Renewal Fee | 25% of the then current franchise fee |
| Renewal Conditions | To be eligible to renew, the outlet must meet current standards or renovation must be substantially complete, the franchisee must be in good standing, have trained staff, and have the right to occupy the accepted location for the renewal period. |
| Transfer Fee | (i) 5% of the total purchase price being paid to you for your FASTFRAME business, excluding inventory if you find the buyer for your business; or (ii) 10% of the total purchase price, excluding inventory, if FASTFRAME finds the buyer; provided that FASTFRAME will waive the transfer fee if a broker engaged by FASTFRAME finds the Buyer. |
| Transfer Conditions | No current default, new franchisee qualifies and signs new Franchise Agreement, assumes software license agreement, transfer fee paid, purchase agreement approved, release of FASTFRAME signed, and a continuing guarantee of the assignee’s continued performance. |
| Termination for Cause | The franchise can be terminated if you default under the agreement. Cure periods are 24 hours for misuse of Marks, 5 days for non-payment of fees/charges or failure to submit reports, 10 days for noncompliance with law, and 30 days for other defaults not listed in Section 10.1. |
| Non-Compete Period | 2 years |
| Non-Compete Details | No competition by you or anyone associated with the business for 2 years within 5 miles of Territory or another Outlet. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Although personal supervision is recommended, it is not required. If the franchisee does not personally supervise, a store manager must be appointed and must successfully complete FASTFRAME’s training program. The franchisor must be notified of any changes in the designated Outlet Manager. |
| Required Suppliers | You must maintain at all times a sufficient amount of all inventory, materials and supplies needed to operate your FASTFRAME business (including moldings, matting materials, glass, backings and other ancillary framing materials and supplies), as we designate and that meet our Standards, as specified in the operations manuals. |
| Supply Restrictions | As long as a supplier and its products meet or exceed our then current Standards, you have no obligation to purchase or lease from FASTFRAME or from suppliers approved by FASTFRAME. |
| Franchisor Revenue from Suppliers | $0 during our fiscal year ending September 30, 2022 or less than 1% of FASTFRAME’s total revenue of $1,249,848. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | FASTFRAME generally does not offer direct or indirect financing but may offer to finance a portion of your initial franchise fee for a longer period (typically 12 months to 3 years) at an annual rate of 12% or the highest rate allowed by law. FASTFRAME assists franchisees in applying for loans and obtaining loans from banks and other private sources, and franchisees are eligible for SBA loan processing through the SBA’s Franchise Registry Program. FASTFRAME does not guarantee franchisee notes, leases, or any other financial obligations. |
Fastframe Franchise Earnings — Item 19
Fastframe does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fastframe Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fastframe System Growth
Fastframe currently operates 40 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 6 | 64 |
| 2020 | 0 | 11 | 53 |
| 2021 | 0 | 6 | 47 |
| 2022 | 0 | 7 | 40 |
Transfers: 2 | Closures: 24
State Registrations
Registered in 11 states: CA, IL, IN, MD, MI, MN, NY, RI, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Sarna and Company Certified Public Accountants for year ending September 30.
Fastframe Franchise — FAQ
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