Total Estimated Initial Investment:
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Signarama

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Business & Professional Services
Category
Marketing
Investment Range
$120,205 – $339,971
Total US Locations
390
Franchise Units
390
Founding Year
1986
Started Offering Franchises
1987
Management Capacity
Owner Operator
Job Count
7
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
1%
Franchise Fee
$49,500
Headquarters (City, State)
West Palm Beach, FL
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Signarama was founded in 1986 by Ray and Roy Titus in Farmingdale, New York. Since then, Signarama has been a prominent force in the sign industry, building a reputation for innovation, exemplary support, and high-quality products and services for business owners around the world. Even amidst all of the growth, our franchise locations are not so far removed from our original ideals and principals; we help to reinforce our core concepts and keep all of our stores moving forward

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Management team / founders

Signarama has a world-class team supporting all locations worldwide. Signarama’s success is due to hard work, business savvy, and the dedication of our team members and franchisees. A.J. is the President of Signarama and has a passion for franchising that few share. As President, A.J. spearheads the growth of the brand throughout the United States and around the world, developing ways to help Signarama franchisees to grow their business. A.J holds an International Business degree from Palm Beach Atlantic University (2014), an MBA from the University of Miami (2017) and is a Certified Franchise Executive (CFE). From being a part of multiple boards including the Rinker School of Business Board and the Titus Center for Franchising, A.J. is passionate about driving change in the business world. He supports policies that help small businesses and most importantly, aid the franchise owners of Signarama.

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Focus of owner for daily business operations

As a Signarama owner, the main facets of the business entail: 1. Managing day-to-day sales; 2. Interacting with clients, being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally;

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5%
9%
6%
Marketing Fee
Franchise Fee
$49,500
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$2,271
$4,898
Lump sum
Travel and Living Expenses
$2,271
$4,898
As incurred
Real Estate (3 months est.)
$2,271
$4,898
As incurred
Real Estate (3 months est.)
$2,271
$4,898
Lump sum
Leasehold Improvements
$2,271
$4,898
As incurred
Equipment Package Initial Payment (if leased)
$2,271
$4,898
Lump sum
Equipment Package (if purchased)
$2,271
$4,898
Deposit at signing Franchise Agreement; balance after lease signing
Insurance (first 6 months)
$2,271
$4,898
As arranged
Security, Utility Deposits, Licenses
$2,271
$2,271
As arranged
Additional Funds (first 0-6 months)
$2,271
$4,898
As incurred
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
$2,271
$4,898
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2021
1
670
671
Franchised
2022
671
671
4
2023
671
673
4
2021
0
0
4
Company-Owned
2022
0
0
0
2023
0
0
0
2021
670
671
1
2022
671
669
-2
2023
669
673
4
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
9,84%
10 Year Cumulative Defaults
27,01%
3 Year Predicted Default Rate
7,93%
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.