Fastsigns International, the worldwide franchisor for the more than 550 Fastsigns sign, graphics and visual communications centres, has signed master franchise agreements for growth to the United Arab Emirates (UAE) and North Africa.
The company will expand its presence in the Middle East, by opening 12 centres in the UAE, and 24 centres in North Africa, particularly Morocco, Algeria, Tunisia and Libya.
CEO of Fastsigns Catherine Monson said, “There is strong demand for our products and services in both developed and developing countries. Fastsigns helps its customers inform, direct and sell more, a need every business has.”
The company has announced that it plans to open centres in 50 locations each year for the next 3 to 5 years across the globe, entering 10 new markets. Fastsigns has specifically identified Central and South America, Quebec, India, the Middle East and Europe as growth areas that have large business-to-business (B2B) sectors with a need for its services.
“We are actively pursuing master franchisees or area developers to expand Fastsigns internationally into new markets,” stated Mark Jameson, executive vice president of franchise support & development. “With these partnerships, we share the company’s dominant brand name and proven business model in the visual communication industry and access to the latest technology, along with endless marketing resources and benefits.”
The sign, graphics and visual communications franchisor today has nearly 25 centres in Canada and 40-plus in six other countries including the U.K., Brazil, Mexico, the Caribbean, and Saudi Arabia as well as Australia, where centres operate as Signwave.