Sir Speedy, PIP, Signal Graphics Network Announces 20% Sales Growth
Strength in Print, Signage and Marketing Services Outpaces Industry Average
MISSION VIEJO, Calif., March 8, 2023 – Franchise Services, Inc. reported an outstanding 2022 for its brands Sir Speedy, PIP and Signal Graphics—nationally known franchise companies in the printing, signage and marketing services sector. Combined comparative sales growth for the company’s print management group increased 20% last year, in contrast to an average annual growth rate of about 3% for the U.S. printing industry.
Demand for all types of signage and marketing materials continues to expand opportunities for Sir Speedy and PIP’s products and services from companies of all sizes. While the two brands have been around for more than 50 years, both introduced new logos and branding in 2022 to better position their franchised locations as more than just print shops, but as full-service print, signs and marketing services providers that can help organizations with all their communication needs.
While much of the growth in 2022 was from signage, other products and services contributing to the strong performance include direct mail, mailing services, marketing brochures, labels and promotional products. “Companies are ready to market themselves again, and we’re seeing an influx of spending in all these areas,” said David C. Rice, vice president of franchise support.
The growth is also a reflection of several new, younger-generation owners who have joined the Sir Speedy and PIP networks. Some are second generation to their parents who started the businesses 20 or more years ago; others are business professionals who were ready for entrepreneurship and bought their shops because they see the growth opportunities in the graphic communications industry.
About Franchise Services
Franchise Services, Inc. (FSI) is a franchise management company that owns Sir Speedy, PIP and Signal Graphics. These franchise companies are marketing, signage and print services providers that specialize in the creation and execution of growth-oriented solutions for small- to medium-size businesses. Franchise Services also owns TeamLogic IT, a fast-growing technology franchise that provides managed services. FSI has a 50-plus year history of managing award-winning brands that support the small- to medium-size business market. The company’s brands and worldwide affiliates encompass more than 400 locations worldwide.
Denise Denton, Vice President, Marketing
Franchise Services, Inc.