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For over 20 years, SIGNS NOW has been a leading franchisor of signage and digital graphics centers and we remain a top innovator in providing high quality visual communication solutions. Signs Now is also a part of Allegra Network, LLC, one of the largest print and graphics franchisors in the world.
Franchisor Background
Year Established: 1983
Franchising Since: 1986
Operating Units: |
| Franchised Units: | 220 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 220 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 201 | | 93.1% | | In 41 States |
| Canada: | 10 | | 4.6% | | In 6 Canadian Provinces |
| International: | 5 | | 2.3% | | In 1 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 216 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Florida | 24 | | 2. Illinois | 20 | | 3. North Carolina | 16 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Investment: |
| Minimum Net Worth: | $200K |
| Cash Investment: | $50-75K |
| Total Investment: | $190K-300K |
| Average Total Investment: | $245K |
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Fees: |
| Initial Franchise Fee: | $30K |
| Average Franchise Fee: | $30K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 2% |
Average Number of Employees: 3 Full-time, 0 Part-time
Space Needs (in square footage): 1,800-2,400
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | Yes |
| Franchisee Association/Member: | Yes, Member |
| Size of Corporate Staff: | 16 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | Yes |
| Financial Assistance? | Yes, Indirect |
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Marketing Support: |
| Co-Op Advertising: | Yes |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | Yes |
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Television Ads, Trade Show Exhibits |
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Not Applicable |
| Central Purchasing: | Not Applicable |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Included in Fees |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Sarasota, FL | 3 Weeks | | 2. Actual Center | 2 Weeks |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 3 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 3 |
| Formal Education: | 3 |
| Psychological Profile: | 3 |
| Personal Interview(s): | 3 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | 1% |
| Asian-American: | 1% |
| Hispanic: | 3% |
| Native American: | N/A |
| Other: | 1% |
| Specific Minority: | SIGNS NOW offers minority owners all of the same benefits and is currently (3/7/2006) developing minority strategies in several key markets. |
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Terms of Contract
| Term of Initial Contract: | 20 Year(s) |
| Term of Renewal Period: | 20 Year(s) |
| Passive Ownership: | Not Allowed |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 20
| U.S.: | Yes, All United States |
| Canada: | No |
| Overseas: | No |
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