- 2024 Franchise 500 Rank
-
#156 Ranked #130 last year
- Initial investment
-
$120K - $318K
- Units as of 2023
-
669 8% over 3 years
In a world where attention is one of the most crucial commodities, effective communication is becoming more complex. There are many ways you can achieve effective communication. However, for businesses, precision becomes key.
For Signarama, signage is of the utmost importance and has formed the company's primary focus Ray Titus founded it in 1986. One year later, Titus began franchising the company. Signarama offers sign-making services to organizations and businesses at various levels. Signarama's prowess is evident in its ability to scale up to more than 700 franchises worldwide, including over 400 in the U.S.
Why You May Want to Start a Signarama Franchise
The desire to effectively reach out to clients has resulted in an increased demand for quality and effective signage at different levels. This demand means it could be the right time for you to invest in the signage industry. Beginning from scratch might be appealing, but the time and effort required to get to the top is daunting.
A Signarama franchise offers a unique and proven approach to investing in the signage industry. By opting for a Signarama franchise, you may tap into a company with the experience and expertise in digital and traditional signage, allowing you to offer greater value to your clients.
What Might Make Signarama a Good Choice?
Whether you are looking for corporate signs or outdoor business sign ideas, Signarama has you covered. By opting to use a franchise model, you will enjoy a strong brand presence and access to years of experience and expertise in the industry. A Signarama franchise may better your chance of success since your growth is evidence of their operational model's effectiveness.
To operate a Signarama franchise, you should make sure you're financially stable enough to make an initial investment that will include that franchise fee along with other startup costs, as well as ongoing fees that will include a royalty fee and advertising fee.
Signarama also offers you classroom and on-the-job training, as well as providing you with ongoing support as you embark on your entrepreneurial journey.
How to Open a Signarama Franchise
If the Signarama franchise appeals to you, owning one may be simple. Complete as few as five to six steps, and you'll be on your way to running a Signarama franchise. The first step is to make a formal inquiry. Afterward, a representative from Signarama will reach out to you. The initial discussion will focus on existing opportunities and available territories. If both parties agree to a partnership, you may sign a Franchise Disclosure Document.
Once this is complete, you can choose an appropriate location for your franchise. Once a site has been selected, you will then move to staff employment, where you can focus on bringing the right people on board to help you achieve your franchise dream. It is from here that you will jump to the marketing step as you prepare for launch.
Signarama will be with you every step of the way to work towards creating a successful new Signarama franchise operated by you
Company Overview
About Signarama
Business Overview
| Franchising Since | 1987 (37 years) |
|---|---|
| # of employees at HQ | 224 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 669 (as of 2023) |
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|
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Information for Franchisees
Here's what you need to know if you're interested in opening a Signarama franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$49,500 |
|---|---|
|
Initial Investment
|
$120,205 - $318,244 |
|
Cash Requirement
|
$60,000 |
|
Veteran Incentives
|
20% off franchise fee |
|
Royalty Fee
|
2%-6% |
|
Ad Royalty Fee
|
1%+ |
|
Term of Agreement
|
35 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Signarama has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 80 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
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No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Signarama landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Signarama ranked on other franchise lists? Find out below.
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