Nov. 20, 2017 – When it comes to having faith in a company, franchise owners Tim Larkins and Stephen Hyde have it in spades for United Franchise Group (UFG), a South Florida-based franchisor that boasts a variety of internationally-recognized brands. Larkins and Hyde recently purchased 13 franchise units, six Experimac® and seven Signarama®, which will grow the brands in the Texas and Louisiana markets. The two partners, who have worked together for over 10 years, have proven that they are a good match and are poised to expand the two companies.
“We’ve had many franchisees purchase multiple locations over the years and we’ve seen a few of them sell a successful business in one of our brands only to turn around and start fresh with another, but this is historic– business partners purchasing 13 locations across two brands,” said Ray Titus, CEO and Founder of United Franchise Group. “We’re very excited to have Tim and Stephen as part of our UFG family, and we look forward to working together and seeing their businesses thrive.”
Larkins will oversee the Experimac brand. The company specializes in selling certified pre-owned Apple® products and offering repair services for these devices. Hyde will manage the Signarama locations. Signarama is the world’s largest sign franchise and offers a broad range of services from business signs to wrapped vehicles and more. Three of the locations will serve as satellites and the others will be production hubs.
“As we were looking for a good business opportunity, we noticed a need in the community for the types of services offered by Experimac,” said Larkins. “The high-quality products offered through the brand and the ability to offer them at a lower price point is what really drew us in. These aspects will allow us to serve a need and take care of our community.”
Based on market need, Larkins and Hyde plan on building locations that are within shared buildings or in close proximity to one another. This will allow them to align local marketing strategies and assist each other with business growth plans.
Currently, South Shreveport and Bossier City Experimac and Signarama locations are now open. These will be followed with openings in North Shreveport, Bossier City and Alexandria, LA as well as Longview, Texarkana and Tyler, TX.