It is often said, you have to spend money to make money. For entrepreneurs, that can be the biggest obstacle to overcome. Often times, starting a business requires investors and/or a large amount of upfront capital. Although Signal 88 Security is far less costly than many other franchise systems, this can still be a struggle for many interested candidates. This article is designed to provide candidates transparent information so that you know what is needed to get started.
Currently, the total cost of opening a single territory, including the franchise fee and working capital, ranges between $46,950 and $218,650. A full breakdown of the cost is provided in Item 7 of our Franchise Disclosure Document which will be covered with you in detail at stage 5 of the process. The bulk of that cost can usually be financed, but lenders will generally require a cash injection of 20-30%. Franchisees will need to meet lenders and requirements for qualifications for financing.
Signal 88 also offers some in-house financing options for candidates who qualify with a credit score of 620 or higher, those who can put at least 25% down and meet other market and experience qualifications.
See the chart below for cost and revenue breakdown:
Some of the Initial Investment Costs you can expect include:
- Territory fee
- Security and/or business licensing in your market
- Vehicle, upfit, and transportation (purchase or loan from dealership)
- Equipment, such as some initial uniforms, sales materials, phone and laptop
- Travel for initial training
- And potential other capital based on your business plan and other startup plans.
To see a full listing of our estimated costs and the financial representations we disclose, please continue through our process. See a detailed explanation of our process here.
You can also see more financing options here.
We understand that this is a big commitment, but we are confident that our business model can work for you. If you have any questions or concerns, please call 402-206-2777.
The information in this article is not intended as an offer to sell or a solicitation of an offer to buy a franchise. It is for informational purposes only. If you are a resident of a state that regulates the offer or sale of franchises or business opportunities, we will not offer you a franchise until we have complied with any applicable pre-sale registration and disclosure requirements in your jurisdiction. Residents of New York: This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. Residents of Minnesota: This offering is registered under the registration No. 7556. Signal 88, LLC, 3880 S 149th St., Suite 102, Omaha, Nebraska 68144.