FASTSIGNS International (Carrollton, TX) recognized its franchisees at the company’s 2023 annual convention, held last month in Las Vegas.
Carrying a theme of “Choose Victory,” the multi-day event celebrated Fastsigns’ franchise network for its growth in sales volume, profitability and number of locations.
In a media release, the company shared the following facts and figures:
- 2022 system-wide sales was $729 million
- 74 Fastsigns/Signwave centers exceeded $1 million in annual sales; 18 centers achieved more than $2 million; 6 centers achieved $3 million; 4 centers achieved $4 million; 1 center achieved $5 million; 1 center achieved $8 million; and 1 achieved $18 million
- More than 1,200 people attended the 2023 Fastsigns International Convention representing 378 center locations in the U.S. and abroad
- 142 vendors exhibited at the convention’s annual Vendor Show
The Fastsigns Award, which recognizes the franchisee who best represents the company’s name in both the business community and within its network, was awarded to Jeff Parsons and Wes Snyder, franchisees of centers in Tucson, AZ; Austin and Corpus Christi, TX; Fort Myers, FL; Charleston, SC; and Raleigh, NC.
Grimco was presented the Fastsigns Vendor of Year Award for the US, and Grimco and Spicers were both presented the Vendor of the Year Award for Canada.
Attendees had the opportunity to participate in educational sessions, breakout sessions, peer panels and roundtable discussions. From the main stage, Andrea Hohermuth, the new president of Fastsigns, shared her vision of victory through proven growth strategies, embracing technology and driving efficiency, while ensuring business preparedness in the face of uncertain economic times.
“2022 marked a year of incredible growth for the Fastsigns brand,” Hohermuth said. “I experienced first-hand how this annual event brings our franchise network together to celebrate their achievements, and energizes them for the year ahead through educational and networking opportunities. Convention is the catalyst to create deeper Fastsigns connections, alignment and an even more successful 2023.”
Fastsigns has more than 760 locations in eight countries.