FranchiseVerdict
Signal Health Group logo
FV-02316·MODERATEExcellent81

Signal Health Group

Home Services - OtherFranchising since 2018Website
Investment
$40K – $290K
6th pct Other
Avg revenue
64th pct Other
Royalty
5.0%
6th pct Other
Units
20
36th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $40K – $290K including a $30K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Signal Health Group Franchise, Inc.
Incorporated in
Nevada
HQ
3753 Howard Hughes Parkway, Suite 200, Las Vegas, Nevada 89169
Auditor
BAS Partners
Audited financials
Franchisor revenue
$345K
vs $166K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Signal Health Group unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $40K–$290K
Working capital
$
FDD reports $7K–$100K

Unlevered ROIC · per unit

45%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
13.0%
Total invested
$219K
Payback
27 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Signal Health Group appears to operate in healthcare services (likely telehealth, staffing, or home health). Franchisees likely manage client acquisition, service delivery/oversight, staff hiring/training, and compliance with healthcare regulations while paying 5% royalties to the franchisor.

CEO
Hahn March
Founded
2019
FDD year
2025
States available
13

Item 7 · what it costs

The Vitals

Total investment
$40K – $290K
All-in to open one unit
Liquid capital
$7K – $100K
Cash you must have on hand
Franchise fee
$30K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
20
Opened
5
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
90%
vs corporate-owned
Net growth (yr3)
+38.5%
Net unit change last year
3-yr CAGR
+157.1%
Compounded over last 3 years
2023
18+5
Franchised units
2024
13
Franchised units
2025
7
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 13 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

13

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
4
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Early-stage health services franchise with no financial transparency, questionable franchisor stability, and unclear unit economics poses significant investment risk despite growth rate.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to evaluate actual profitability or ROI
  2. 02HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
  3. 03MINORWide investment range ($40K-$290K) suggests unclear unit economics or highly variable startup costs
  4. 04MEDOnly 20 units system-wide is very small; 38.5% YoY growth may not offset limited support infrastructure
  5. 05HIGHNo litigation disclosed is positive, but combined with other factors suggests early-stage or underdeveloped franchise model
  6. 06MED5% royalty on undisclosed revenue means franchisees cannot project cash flow realistically

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Senior citizen population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Nevada

Item 11

Training & Operations

Classroom training
32 hrs
On-the-job training
24 hrs
POS system
Generation (Non-Medical) or Axxess (Medical)
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

15 numbers

Locked
(401) 462-••••
RI
(608) 261-••••
RI
(651) 539-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Signal Health Group · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above