The Great Frame Up
Retail & Consumer Goods · Specialty Retail
- Active units
- 54
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About The Great Frame Up
The Great Frame Up is a renowned brand that has been framing memories and providing expert framing and design services for over 35 years. Established in 1971 as a small company in the suburbs of Chicago, it has now grown into a nationwide franchise system. At The Great Frame Up, you can expect high-quality custom framing tailored to your unique style and personality. With a wide range of mat and frame samples to choose from, our knowledgeable and professional designers will guide you through the selection process. We strive to create a warm and welcoming environment, ensuring that custom framing is easy and enjoyable for you. Whether it's for your home or office, our designers and framers will collaborate with you to create a unique design that perfectly complements your art and space. Visit our website to explore our locations and discover more about our framing services. Let us make custom framing a seamless experience for you.
Key terms
- Franchise fee
$30k
- Existing franchisee additional unit
No initial franchise fee; 2000 administrative fee for second franchise or showroom store
- Brand fund
2.0% of Net Sales
- Local advertising
0.5% of Net Sales
- Footprint
800 – 2,000 sq ft
- Market Unit Addendum (MUA)
$4k
- Veteran discount
5000.0% off franchise fee — Honorably discharged U.S. veterans pay a reduced franchise fee of 25000 (lump sum) at signing
Brand Percentile Rankings
Growth
- Total locations54
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate-1.8%
Net unit growth versus prior year
- 3-year unit CAGR-1.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$162k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open8 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.