FranchiseVerdict
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FV-02317·STRONGExcellent91

Signarama

Business Services - Printing & SignsFranchising since 1987Website
Investment
$245K – $638K
80th pct Printing & Si…
Avg revenue
$916K
30th pct Printing & Si…
Royalty
Units
684
93rd pct Printing & Si…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $245K – $638K including a $50K franchise fee.
  • Average unit revenue of $916K/year (median $593K).
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 197 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Sign*A*Rama Inc.
Incorporated in
Florida
HQ
2121 Vista Parkway, West Palm Beach, FL 33411
Auditor
Milbery & Kesselman, CPAs, LLC
Audited financials
Franchisor revenue
$20.1M
vs $20.9M 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 Signarama unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $916,066
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $245K–$638K
Working capital
$
FDD reports $39K–$76K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$55K
EBITDA margin
6.0%
Total invested
$499K
Payback
109 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

Signarama franchisees operate sign and print shops, producing custom signage, vinyl lettering, banners, and promotional materials for local businesses. Day-to-day operations involve design consulting, order management, production using cutting/printing equipment, and customer service. Revenue depends heavily on local B2B relationships and competitive pricing in a commoditized market.

CEO
Ray Titus
Founded
1986
FDD year
2026
States available
44

Item 7 · what it costs

The Vitals

Total investment
$245K – $638K
All-in to open one unit
Liquid capital
$39K – $76K
Cash you must have on hand
Franchise fee
$50K
Royalty
Greater of $500 per month or 6% of gross sales up to $1,0…
Ad fund
1.0
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$916K
Per unit, per year
Median gross sales
$593K
Item 19 type
Average Gross Sales
Sample size
313 units
vs category median 42 · large
Range (low → high)
$32K$10.7M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank30th
vs Business Services - Printing & Signs peers
Investment cost rank80th
Lower investment ranks lower (better)
Royalty rate rank57th
Lower royalty = lower percentile (better)
Unit count rank93th
vs Business Services - Printing & Signs peers
Risk score rank27th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
684
Opened
23
Last reporting year
Closed
20
Turnover rate
2.9%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.4%
Net unit change last year
3-yr CAGR
+1.3%
Compounded over last 3 years
2024
684+3
Franchised units
2025
681
Franchised units
2026
675
Franchised units

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

Item 20 · 23 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 23 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

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

Total loans
197
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

49
Risk · 0-100
STRONG49 / 100

Signarama shows signs of systemic maturity challenges with stagnant growth, regulatory baggage, opaque profitability metrics, and territorial vulnerability that create meaningful financial risk for new franchisees.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORStagnant unit growth (0.4% YoY) suggests market saturation or franchisee dissatisfaction
  2. 02MINORNo average net income disclosure prevents ROI validation; with $500/month minimum royalty, profitability is unclear
  3. 03MINORMultiple regulatory actions (1993 FTC, 1996 Maryland, 2021-2022 California) indicate systemic compliance issues and earnings claims problems
  4. 04MINORUnprotected territory creates direct competition risk; franchisees can cannibalize each other's revenue
  5. 05MINORHigh investment range ($245K-$638K) with flat revenue trajectory raises payback period concerns
  6. 06HIGHCurrent litigation for non-payment suggests franchisee financial distress within the system
  7. 07MED35-year term with $49,500 upfront fee locks franchisees into long commitment with limited exit flexibility

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Non-exclusive marketing territory
Protected territory
No
Initial term
35 years
Renewal term
35 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
5
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
Florida

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
80 hrs
POS system
Corebridge
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

29 numbers

Locked
(608) 266-••••
WI
(516) 222-••••
NY
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Signarama · FDD (2026) PDF

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