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Signs Now

Yes, we actively support the inclusion and development
of minority-owned franchises in the Signs Now system.

Signs Now
6976 Professional Pkwy., E.
Sarasota, FL 34240


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Business Description

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:00%
 
Total Operating Units:
220
100.0%
 
Minority Representation
Units Owned by Minorities:
African-American:1%
Asian-American:1%
Hispanic:3%
Native American:0
Other:1%
Specific Minority
  Program(s) in place:
SIGNS NOW offers minority owners all of the same benefits and is currently (3/7/2006) developing minority strategies in several key markets.
 
Geographic Distribution:
U.S.:20090.9%In 41 States
Canada:104.5%In 6 Canadian Provinces
International:104.5%In 1 Foreign Countries
 
Total:
220
99.9.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida24
2. Illinois20
3. North Carolina16

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:$190-300K
Average Total Investment:$245K
 
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

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):3
 
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
 
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
 
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
 
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
 
Training:
1. Sarasota, FL3 Weeks
2. Actual Center2 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 20

U.S.:

Yes, All United States
Canada: No
Overseas: No
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