Signal logo
Private security guard and patrol services

Investment

$157,700

Initial Franchise Fee

$150,000 - $5,000,000

Units

1,647

Growth Rate

+69.8%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Services (Other)
Founded 2003
Franchising Since 2008
Parent Company Signal
Leadership Reed Nyffeler, Owner/CEO
# of Employees at HQ 115

Units and Growth Chart

About Signal

Signal (formerly Signal 88 Security) was founded in 2003 in Omaha, Nebraska, and the company started franchising in 2008. Now Signal has over 650 franchise territories in the U.S. It also has a presence in Canada and several other countries.

Signal works to provide residential, commercial, and industrial clients with security services. The company wants to help people have a physically safe environment, giving them a better chance to flourish and prosper. Signal offers security services for apartments, hotels, schools, commercial and industrial establishments. Clients can request patrol services, dedicated security officers, or event security.

Why You May Want to Start a Signal Franchise

A franchisee for Signal should display the qualities it takes to be a team captain. These qualities include passion, commitment, positivity, and confidence. A franchisee for Signal may need to possess good communication skills and the ability to inspire others. Signal may need franchisees who can recognize strengths within the team and use them appropriately.

Signal provides all franchisees with technology and training that can help their franchise grow. The Signal team should help franchisees publish a website, manage new client leads, invoice clients, and operate payroll. Franchisees also have support for marketing, recruiting, and performance indicators that will likely help franchisees run their business.

What Might Make a Signal Franchise a Good Choice?

To be part of the Signal team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include service fees and royalty fees.

Signal has been ranked in Entrepreneur’s Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Signal has also been named as one of the best home-based franchises to own by Entrepreneur.

How To Open a Signal Franchise

Before deciding to open a Signal franchise, it is a good idea to research some things on your own. The first thing you may want to check out is the competition. Find out what kind of competition is in your area for security services. You should also search out potential locations. The corporate office may help you with this, but it is good to do some of your own homework and come prepared.

If you pursue the opportunity of opening a Signal franchise, you will receive training through their online platform. The officer brand experience program may also help franchisees recruit and retain employees once operations begin.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Signal franchising team questions.

Investment Details

Initial Franchise Fee $150,000 - $5,000,000
Initial Investment $157,700 - $5,182,150
Net Worth Requirement
Cash Requirement
Royalty Fee 4%
Ad Royalty Fee 0
Technology Fee 5%
Term of Agreement 3 years
Is Franchise Term Renewable? Yes
Financing In-House
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

United States International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 54 hours
Classroom Training 32.5 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? Yes
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Signal performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022