United Franchise Group: Review of Their 12 Franchises (2023)

United Franchise Group first began franchising with Signarama in Farmingdale, NY in 1987. Which is now the world’s largest sign franchise touting locations in 62 countries. In 2000, the first Fully Promoted opened its doors in West Palm Beach, FL. And provided further branding solutions in the business community with embroidery and promotional product services.

In 2016 United Franchise Group obtained its first food franchise – Jon Smith Subs. A popular and well-established South Florida sub-shop chain. The Great Greek Grill, UFG’s most recent partnership, is its second restaurant chain that focuses on authentic Greek cuisine.

United Franchise Group

Today, United Franchise Group has more than 200 employees with established offices in the United States, United Kingdom, and Australia. Its corporate headquarters are located in West Palm Beach, FL. And house a state-of-the-art training facility, where they welcome all new franchisees to begin their journey into business ownership throughout the year.

Let’s look at the franchises offered by United Franchise Group:

Signarama

Signarama produces, fabricates, installs, and/or sells magnetic signs, boat and vehicle lettering, paper and laminated signs, banners and posters, show cards, vinyl lettering, menu boards, reflective signs, nameplates, interior/exterior signage, window lettering, mobile signs, retail displays, storefronts, trade show graphics, architectural and directional markings, wood signs, engraved signs, Americans With Disabilities Act (ADA) signage, and electric and neon signs.

The total investment necessary to begin the operation of a Signarama sign center is from $239,740 to $308,520 if you purchase the equipment. And from $106,513 to $175,293 if you lease the equipment. These amounts include $197,530 that you must pay to the franchisor if you purchase the equipment, $49,500 that you must pay to the franchisor if you lease the equipment and $0 to $3,500 that you must pay to the franchisor’s affiliate.

Your competitors include independent sign shops, franchisees of other sign businesses, and to a lesser degree, commercial sign shops. The market for signs in the United States is mature with demand increasing for electronic signage incorporating the latest technology.

Fully Promoted

Fully Promoted claims to be the world’s largest branded products and marketing services franchise. The brand has always provided a wide range of products and services. Specifically known for delivering “Cool Stuff and Awesome Results.”

Fully Promoted has 300 franchise locations across the globe. The brand operates a full-service branded products and marketing service business and is the place to attract customers. From promotional products and embroidery to expert printing services, Fully Promoted can help take businesses to the next level. Fully Promoted also offers an office-based model. Allowing franchisees to operate their business using a developed network of resources.

The total investment necessary to begin the operation of a Fully Promoted store is from $128,205 to $362,615. These amounts include $49,500 that you must pay the franchisor if you obtain financing for the purchase of your equipment, to between $204,475 to $256,875 that you must pay the franchisor if you purchase your equipment. And $0 to $3,500 that you must pay the franchisor’s affiliate.

The total investment necessary to begin the operation of a Fully Promoted office is from $99,100 to $138,240. These amounts include $70,995 which you must pay to the franchisor.

Venture X

Venture X offers qualified franchisees a franchise for the right to independently own and operate a business that provides co-working office space and meeting rooms that feature a blend of (a) boutique hotel and modern office styles and décor; (b) co-working workspaces and/or workstations strategically placed in collaborative, open areas; (c) private offices; (d) conference and meeting rooms; and (e) common area spaces including reception area, lounge, and full kitchen.

The company claims to be the future of coworking spaces.

The total investment necessary to begin the operation of a single franchised Facility ranges from $388,090 to $3,636,710. These amounts include between $113,000 to $123,000 that you must pay to the franchisor or its affiliate(s). The total investment necessary to develop multiple franchised Facilities under our form of multi-unit development agreement depends on the number of franchises they award you the right to develop. By way of example, the total investment necessary to begin the operation of three (3) Facilities is $506,590 to $3,755,210, which includes: (i) a development fee amounting to $118,500 that you pay to the franchisor; and (ii) the estimated initial investment necessary to commence operating the initial franchised Facility you are required to develop in your development schedule.

Graze Craze

Graze Craze is a charcuterie board food franchise that talks about revolutionizing the way that people eat. It offers an assortment of cured meats, cheeses, artisan bread, olives, fruits, vegetables, and deserts!

From their website, “Grazing allows people the flexibility to eat an entire meal or small portions of food during the course of the day. The grazing style of eating provides you and your guests with a diverse meal plan in the form of a charcuterie-style grazing box, platter, or table that meets the individual needs and wants of everyone’s personal pallette and diet, in relation to those who may have special health or medical eating requirements.”

The total investment necessary to begin the operation of a Graze Craze franchise is $124,884 to $212,234. This includes $96,484 to $113,984 that you must pay to the franchisor or its affiliates. The total investment necessary to begin operating under a three to ten-unit Multi-Unit Development Agreement is $164,884 to $392,234. This includes $136,484 to $293,984 that must be paid to the franchisor or Affiliates. The minimum number of Graze Craze units that you are required to develop under the Multi-Unit Development Agreement is three units.

Transworld Business Advisors

Established in 1979, Transworld Business Advisors was originally founded in South Florida by Don and his wife Bonnie Parrish. It was founded as a business brokerage business and is currently the largest one in the U.S.

For over forty years, Transworld has specialized in the sale of businesses, mergers and acquisitions, and franchises. Today Transworld Business Advisors is a global network of brokers. Offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life.

The total investment necessary to begin the operation of a Transworld business is from $76,105 to $99,185. These amounts include $64,995 which you must pay to the franchisor.

The Great Greek

The Great Greek is a fast-casual restaurant specializing in Greek and Mediterranean cuisine. Founded by two third-generation restauranteurs with more than 30 years in the food and hospitality business.

The first location opened on May 5, 2011, in Henderson, Nevada. It was originally owned and operated by a culinary-trained Greek/Armenian family before it was purchased by Nick Della Penna and Trent Jones, third-generation restaurateurs with over 30 years of experience in the hospitality industry.

The total investment necessary to begin the operation of The Great Greek Mediterranean Grill® franchise is $476,050 to $798,520. This includes $35,550 to $43,000 that you must pay to the franchisor. The total investment necessary to begin operating under a three to ten-unit Multi-Unit Development Agreement is $516,050 to $978,520. This includes $75,550 to $223,000 that you must pay to the franchisor or affiliate. The minimum number of The Great Greek Mediterranean Grill® units that they require you to develop under the Multi-Unit Development Agreement is three units.

Jon Smith Subs

Jon Smith Subs was founded by Jon Smith in 1988 when he purchased two failing sub shops. He transformed the menu, pricing, and overall operations and won customers over. Then he added a new prototype and quickly realized the more he built, the more the business grew. Today he has locations throughout Palm Beach County, Florida.

The franchisor offers the opportunity to own and operate a Jon Smith Subs fast-casual quick-service restaurant franchise. Offering made-to-order submarine sandwiches, grilled sandwiches, salads, and other related foods and beverages.

The total investment necessary to begin the operation of a Jon Smith Subs Restaurant is from $299,500 to $644,302. These amounts include $39,500 to $44,000 that you must pay to the franchisor and its affiliates. The total investment necessary to begin the operation of a Jon Smith Subs Restaurant as a developer under the Multi-Unit Development Agreement is from $359,500 to $914,302 for between three and ten restaurants. These amounts include $99,500 to $313,000 that you must pay to the franchisor and its affiliates.

Preveer

Preveer markets itself as the global solution to cost management and operational expansion. It claims to have developed strategic consulting programs to effectively address the needs of its business clients and help entrepreneurs scale their business and increase their profits.

The total investment necessary to begin the operation of a Preveer business is from $53,549 to $77,499. These amounts include $49,999 that you must pay to the franchisor.

Office Evolution

Likewise Venture X, Office Evolution is another offering of United Franchise Group that provides people with coworking and office spaces. It offers Private Offices, Coworking spaces, Virtual Offices, and Meeting Rooms.

The foundation of Office Evolution was in 2003 in Boulder, CO by Mark Hemmeter. They say that “the concept of ‘Ohana’, meaning a family, clan or tribe working towards a common goal, is foundational to our culture.”

The total investment necessary to begin the operation of an Office Evolution franchised business is between $389,650 and $1,269,800. This includes $73,650 to $89,300 that you must pay to the franchisor or its affiliate(s).

Network. Lead. Exchange.

Network. Lead. Exchange is United Franchise Group’s offering that offers franchisees to start chapters of the organizations in their locations. It is marketed as an organization with chapters that serve as professional networking groups.

Network Lead Exchange is an online network of businesses organized by local Chapters. Members of each local Chapter have the ability to send and receive leads to each other, in exchange for a commission or additional business.

Founded as an organization whose purpose was to allow anyone to network wherever they are. “A networking group of the introverts and extroverts. A network that allows you to network when, where, and with whom you want to.”

The total investment necessary to begin the operation of an NLX Business is $19,500 to $62,000 dependent on the size of the franchise territory. This includes $19,500 to $49,500 that you must pay to the franchisor or affiliate. The total investment necessary to begin operating under a three- to ten-unit Multi-Unit Development Agreement is $29,500 to $259,500. This includes $29,500 to $247,500 that you must pay to the franchisor or affiliate. The minimum number of NLX Businesses that they require you to develop under the Multi-Unit Development Agreement is three units.

Accurate Franchising

Accurate Franchise offers existing business owners the opportunity to franchise tier businesses.

The company claims to have helped establish 2500+ franchised locations, working with over 200 brands in over 80+ countries.

CoWorks

Coworks, United Franchise Group’s third coworking offering, specializes in franchising within the coworking industry, offering solutions, expertise, and shared service options within the flexible workspace franchise community.

Founded in 2021 by Ray Titus, founder, and CEO of United Franchise Group, with the express intention of building a framework to connect a variety of coworking brands, services, and amenities within the coworking industry. Providing the largest privately owned affiliated franchise network of flexible, professional, and shared office space options on the planet.

Conclusion

As we can see, United Franchise Group is heavily invested in the coworking space and in the business consultancy industry. In addition, it is also expanding into the food and beverages industry. Over the 30+ years it has been operating, United Franchise Group claims to have 1600+ locations in 80+ countries.