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Signal 88 Security

2014 Franchise 500
#240
At a Glance

Products & Services: Private security guard and patrol services

Number of Locations: 100

Total Investment: $85.4K - $135.7K

Founded: 2003

Began Franchising: 2008

About Signal 88 Security

Former law-enforcement professionals founded Signal 88 Security in 2003, in Omaha, Nebraska, where "signal 88" is police code for "situation secure." In 2008, Reed Nyffeler began franchising Signal 88. Franchisees offer patrol, guard and virtual monitoring services and have access to proprietary software.

Franchise Units

Year U.S. Canadian International Company Owned
2014 98 0 0 2
2013 89 0 0 5
2012 82 0 0 1
2011 69 0 0 1
2010 53 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $85,350 - $135,650
Franchise Fee: $40,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: Term of agreement renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $30,000
Operations
Franchise can be run from home. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #240 (2014), #232 (2013), #252 (2012), #357 (2011),
Fastest-Growing: #67 (2011),
Top New: #9 (2013), #8 (2012), #28 (2011),
Top Home-Based: #68 (2014), #59 (2013), #73 (2012),