We understand that this is a big commitment, but we are confident that our business model can work for you. You can also see more financing options here. See a detailed explanation of our process here. To see a full listing of our estimated costs and the financial representations we disclose, please continue through our process. And potential other capital based on your business plan and other startup plans.Equipment, such as some initial uniforms, sales materials, phone and laptop.Vehicle, upfit, and transportation (purchase or loan from dealership).Security and/or business licensing in your market.Some of the Initial Investment Costs you can expect include: See the chart below for cost and revenue breakdown: 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. Franchisees will need to meet lenders and requirements for qualifications for financing. The bulk of that cost can usually be financed, but lenders will generally require a cash injection of 20-30%. 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. This article is designed to provide candidates transparent information so that you know what is needed to get started.Ĭurrently, the total cost of opening a single territory, including the franchise fee and working capital, ranges between $46,950 and $218,650. Although Signal 88 Security is far less costly than many other franchise systems, this can still be a struggle for many interested candidates. Often times, starting a business requires investors and/or a large amount of upfront capital. For entrepreneurs, that can be the biggest obstacle to overcome. It is often said, you have to spend money to make money.
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