Fastsigns added a record 63 new franchise agreements in 2016

Fastsigns International has announced a record signing of 63 franchise agreements in 2016 with new and existing franchisees in Canada, the U.S. and the U.K. In the third quarter alone, the brand inked 22 new agreements – including 13 U.S. locations in the western and mid-western states including California, Florida, Texas, Kansas, New Mexico and Washington. In addition, Fastsigns opened 35 new centres in 2016 in new and existing markets with a projected 45 more opening in 2017. Today, Fastsigns International has more than 650 independently owned and operated locations in nine countries worldwide – including Canada, the U.S., England, Saudi Arabia, UAE, Grand Cayman, Mexico and Australia (where centres operate as Signwave). Strong domestic expansion in 2016 was also coupled with strong international growth as the brand signed a Master Franchise Agreement in the Dominican Republic and the U.S. Virgin Islands.

“2016 was another record year for Fastsigns,” said Catherine Monson, President and CEO. “Our network generated over $446 million in sales with strong sales growth in all regions and countries. We have the highest franchisee satisfaction ratings in the industry. Our franchisees continue to lead the industry in advanced products and services and provide comprehensive visual communications solutions to their customers. Our satisfied franchisees are our best reference. We’re thrilled to be welcoming so many new franchisees to the Fastsigns family.”
In addition to more than 400 U.S. and Canadian markets targeted for development, Fastsigns has over 65 international locations open for continued expansion. As part of the brand’s development strategy, it’s also targeting co-brand and conversion opportunities where print shop owners can expand their services by adding Fastsigns to their existing business, or convert their business into a Fastsigns centre.