Special offer: more than $10,000 savings in franchise fee.
Only valid for Franchise & Licensing Asia 2017 till Dec 2017.
Call us to visit a store before making the decision.
Contact Ms. Kris Ang at +65-82682281
In addition to strong character traits such as leadership, dedication, and business savvy, potential Signarama franchisees will also need to fit the bill financially.
While a franchise is a fantastic investment opportunity that can reap high amounts in return, franchisees will need the funding sufficient to get their business up, running, and geared for success. Take a look at the costs that you can expect to invest in order to obtain your own Signarama franchise store.
The franchise fee of will be needed to get started with your Signarama franchise. The franchise fee, also called the up-front entry fee, is due when the contract is signed and the final agreement is made to get started with your Signarama franchise. The franchise fee is set based on a number of factors specific to the Signarama brand, such as the uniqueness and complexity levels of the system, company expenses for grant and acquisition, and overall revenue streams. This fee gives you the right to 10 years in a assigned territory.
In order to get started with any business you’ll need working capital. Working capital, also referred to as fluid capital, is an asset that is readily convertible. Cash is a staple liquid capital, as well as other bearer economic instruments that have more short-term value, as opposed to more long-term assets such as real estate. Liquid capital is an important determinant in whether or not the business will be financially steady until it begins making profit. It is not a fixed sum, but a recommended 5-6 times the monthly expenses would be prudent.
Sign Franchise Investment
After the franchise fee and with capital and net worth aside, Signarama franchise owners should expect to invest a total that ranges from $80k to $300K depending on which equipment package is selected. Of course, this is an estimate based on several factors such as location, operational cost, and size of the store. The investment costs will include everything you need to get your franchise up and running, including supplies and machinery, premises rent, insurance, and other expenses.
After your Signarama franchise has gotten started, you’ll need to provide the brand with an ongoing royalty fee that totals 6% of your franchise’s gross sales revenue. Royalty fees cover items like support and ongoing services from the brand, in addition to helping to provide steady resources for the brand to keep growing and flourishing while maintaining current stores.
Return of Capital investment
Store sales could range from SG$15,000 per month to $100,000 per month. The high achievers stores could experience over $1m sales a year. Of course, in signage business, as in any other business, your sales depends on how much effort your and your team market and reach out to the customers. The ROI of your capital investment would hence depends on your sales efforts and your cost management. Those who follow the Signarama system using the "six keys to success" have experienced ROI within 24 months - 36 months **. All of these successful franchisees are very active in marketing committing at least 5% of their sales back into marketing activities. With over 30 years of franchising experience, and having helped over thousands people to own Signarama franchise, we are in a good position to advice you on how you could turn your investment into financial returns. If your are keen to roll up your sleeves to start your entrepreneur journey with the largest sign franchise in the world, give Signarama's Regional VP a call to arrange for a meeting to find our for yourselves whether this business is suitable for you.
** disclaimer: ROI is a reflection of franchisee experiences. Signarama does not guarantee financial return due to the nature of business.
To learn more about our investment profile or get started with the franchising application process, call us +65-6749 1107 or fill out our contact form.