Fully Promoted is a business specializing in branded apparel and promotional products. The franchise offers custom printing and embroidery for a wide range of products, including clothing and accessories.
Key Insights
- Fully Promoted began its journey as a pioneer in the promotional products space, evolving into a leading franchise system dedicated to helping businesses enhance their brand visibility and impact. The franchise operates by providing a comprehensive suite of branded merchandise, apparel, and marketing solutions tailored to client needs.
- The business offers a robust operational model for franchisees, focusing on streamlined processes for order fulfillment, client acquisition, and marketing support. Franchisees leverage a proven system to deliver custom promotional items and services, building strong relationships with local businesses.
- Operating within the dynamic promotional products industry, Fully Promoted addresses the continuous demand for branded goods as a fundamental marketing tool. This sector supports businesses of all sizes in reinforcing their identity and connecting with their target audiences.
Franchise Fee and Costs to Open
Exploring the financial picture of Fully Promoted gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $129,386 - $393,552, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $330,675 and estimated earnings of $49,602 - $66,135 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 5.5-7.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Fully Promoted provides comprehensive initial training for new franchisees. This program covers essential business operations and brand standards, lasting for two weeks at their corporate headquarters in West Palm Beach, Florida. Fully Promoted offers ongoing support and access to a resource library. They also recommend utilizing their established marketing tools and operational guidance.
Legal Considerations
Legal considerations for a Fully Promoted franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee might encounter challenges managing local market competition, requiring a strategic approach to differentiate services. Operational complexity in fulfilling diverse client orders necessitates efficient workflow and skilled staff. Reliance on specific supply chains for branded merchandise presents considerations regarding lead times and product availability, impacting project timelines.
Franchise Datasheet
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