Signwave Australia Franchise Business for Sale in Hawthorn, VIC 3122
The Opportunity
Establish your business legacy with a Signwave Australia franchise in the prestigious suburb of Hawthorn, Victoria. Located just 6km east of Melbourne's CBD, this well-positioned territory serves a thriving commercial and retail precinct, home to Swinburne University and numerous corporate headquarters. As part of Signwave Australia's national network, you'll benefit from comprehensive operational systems, proven business methods, and ongoing support from an established brand in the signage industry. Send an Enquiry to Signwave Australia via Hattch Today!
Company overview and history
Signwave is a franchise opportunity in Australia specialising in signage and visual communications.
Founded in 1985; over 750 locations in 9 countries
Master franchise rights acquired in 2014 by Leo Baker, Dean Rowland, and Linda Sultmann
Services include custom signs, banners, graphics, digital signs, and marketing services
18 outlets in Australia as of 2014, including Sydney, Newcastle, Perth, Melbourne, and Sunshine Coast
Client base includes McDonald's, Sydney Opera House, Taronga Zoo, KFC, and various museums
Business model offers comprehensive training, ongoing support, and a balanced lifestyle
Product/service offerings
Signwave offers a range of signage and visual communication solutions, including:
Non-electrical and electrical signs
Banners
Flags
Vehicle graphics
Website design and logo/artwork design
Product wraps
2D barcodes
3D printing
Electronic or digital signage
Design and production of visual communication tools
Marketing services
Consulting services
Installation of graphics
Project management
Website design and logo/artwork design
Product wraps and other custom solutions
Handling all details from design to installation
Providing visibility strategies
Offering simple, stress-free, and efficient services
Image Gallery for Signwave Australia
Target market and industry trends
The target market for Signwave franchises includes:
Diverse range of clients, focusing on mid-tier to corporate markets
High demand for visual communication solutions: signs, banners, vehicle graphics, digital signage
Serves offices, retail spaces, and commercial establishments for internal and external signage
Growth in Digital Signage: CAGR of 4.1% from 2024 to 2030
Technological Advancements: AI integration, smart city initiatives, high-definition displays
Retail and Commercial Sectors: Dominated by digital signage for internal communication and customer engagement
Government Initiatives: Support for smart city projects and digital signage technology investments
Ongoing fees (royalties, marketing fees)
Ongoing fees for Signwave franchisees include:
Royalties: 7% of gross sales
Marketing Fees: 2% of gross sales contributed to a national advertising fund
Other Ongoing Fees: Technology and software fees
Insurance premiums
Vehicle expenses (if applicable)
Permits
Professional services
Licenses for local compliance
Detailed information can be found in the Signwave franchise disclosure document.
Training and support provided to franchisees
Signwave Australia provides comprehensive training and ongoing support to franchisees, including:
Four weeks of initial training, including two weeks at FASTSIGNS headquarters in Dallas and two weeks of onsite training at the new centre
Access to a significant support network
Technical assistance and business planning guidance
Intranet for communication and expertise sharing
Access to the latest technologies like 2D barcodes and 3D printing
Co-operative marketing fund for cohesive strategies
Assistance with site selection and store setup
Ongoing training sessions and regional meetings
Franchise owner conventions
Online educational opportunities
Dedicated In-country Business Consultants to assist with business/finances training, marketing and sales, production and staff management
Pre-opening marketing campaign to drive sales
24-hour web-based learning management system
Day in the life
A typical day for a Signwave franchisee might include:
Morning: Review ongoing projects and prioritize tasks for the day
Mid-morning: Meet with potential clients or conduct site visits for upcoming installations
Afternoon: Oversee production, quality control, and coordinate with installation teams
Late afternoon: Focus on sales and marketing activities, including following up on leads and planning campaigns
Evening: Review financial performance, update business plans, and engage with the Signwave support network for guidance or sharing best practices
Throughout the day, the franchisee would leverage Signwave's systems and support to manage operations efficiently, allowing them to focus on growing the business and maintaining client relationships.
Staffing requirements
Signwave franchises typically have low staffing requirements. While specific numbers are not provided, the business model emphasizes efficiency:
Franchisees are encouraged to focus on sales and business management
Technical staff can be hired to handle production and installation
Signwave assists in finding the right staff with signage knowledge and skills
The franchise support system helps reduce the need for extensive in-house expertise
Location requirements and territory information
Signwave has specific location and territory guidelines for franchisees:
Assistance provided with site selection and premises setup
Territories are typically defined to ensure minimal competition between franchisees
Locations should be in areas with good visibility and accessibility for business clients
Current franchise opportunities available in NSW, QLD, and VIC
Financing options available
Signwave offers various financing options to help potential franchisees:
Much of the setup can be funded, requiring a minimum of $180,000 in cash or equity for a new centre
Assistance may be available to help with funding ambitions
Good credit rating is required for financing consideration
For detailed financing information, reach out to Signwave using the "Send Enquiry" function on Hattch.
Franchisee qualifications and experience required
Signwave seeks franchisees with the following qualifications and characteristics:
Minimum available capital: $100,000
Minimum net worth: $500,000
Good credit rating
Strong sales and business management skills
No prior experience in signage or visual communications required
Commercially minded and sales-driven individuals
Enthusiasm for building and growing a business
Unique selling propositions and competitive advantages
Signwave offers several unique advantages to its franchisees:
Part of FASTSIGNS, a multi-award winning international franchise network
Comprehensive training and ongoing support
Access to latest technologies and industry trends
Strong brand recognition and established client base
Proven sales and marketing model
Balanced focus on financial returns and lifestyle benefits
Challenges and potential risks for franchisees
Initial investment and ongoing fees required
Competitive market in the signage and visual communications industry
Need to stay updated with rapidly evolving technology
Dependence on overall economic conditions affecting business clients
Balancing franchise system requirements with individual business management
Other nearby franchises
Franchise Overview
Number of Franchises:
13
Number of Franchise Locations:
18
Franchise Partner Type:
Owner Operator
Opportunity Type:
Franchise Resale
Year Established:
1985
Investment Range:
$400K - $500K
Can you afford this Signwave Australia in Hawthorn?
Local Area Insights
Area Demographics
Hawthorn (3122) is a major educational and commercial hub in Melbourne's inner east, home to Swinburne University of Technology and a vibrant shopping precinct along Glenferrie Road. The area has seen significant growth in its student and young professional population, driven by its proximity to educational institutions and Melbourne CBD.Population & Growth
- Total population: 23,511 (ABS Census 2021)
- Population density: 4,702 per km² (Calculated from ABS data 2021)
Age Distribution
- Median age: 29 years (ABS Census 2021)
- 0-14 years: 11.2%
- 15-24 years: 28.4%
- 25-44 years: 37.1%
- 45-64 years: 14.2%
- 65+ years: 9.1%
Economic Indicators
- Most common occupation sectors:
- Primary sector: Professionals (45.3%) (ABS Census 2021)
- Secondary sector: Managers (15.8%) (ABS Census 2021)
- Tertiary sector: Clerical and Administrative Workers (10.2%) (ABS Census 2021)
- Median household income: $98,280 per year (ABS Census 2021)
Housing & Property
Housing ownership rates (ABS Census 2021):- Owned outright: 23.4%
- Owned with mortgage: 21.8%
- Renting: 52.1%
Analysis generated: 12 January 2024
Note: Some data points have been omitted as they couldn't be verified with authoritative sources for the specific postcode. Growth rates, employment rates, and business numbers fluctuate frequently and would require current official releases to state with certainty.