FastSigns, a sign and graphic company, will cut its franchise fee in half to $34,500 (total start-up costs typically start at $75,000) for veterans. The company says that as part of Thursday's announced initiative it has committed to hiring 200 veterans within its franchises.
4. The UPS Store
As part of the IFA's initiative, The UPS Store (UPS) is looking to waive its franchise fee of $29,950 for 10 qualified military veterans who are first-time franchisees wishing to open a location between Jan. 1 and June 30.
Other qualified veterans will be extended a $10,000 discount on the franchise fee as well as a 75% discount to the initial application fee. Start-up costs range from $150,000 to $371,000, according to VetFran.
The 1-800-GOT-JUNK chain offers veterans a 50% discount off of every second territory they buy. The cost for one territory is $6,000, meaning if they want to expand they could pay $3,000 for the second. Markets typically have a minimum of eight territories, the company says.
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