Since its founding in 2003, Signal 88 Security has had the vision to provide world-class and industry-leading security services for residential, commercial, retail and institutional customers. The brand recognizes that safety is a basic human right and need.
Signal 88 Security promises to provide customized security services so that neighborhoods and communities can pursue their passions in life openly, freely and joyfully. It solves the increasing complexity of security needs today through the simplicity, professionalism, value and quality of what it promises, delivers and measures every single day.
Devotion to service is at the very core of the people who wear the Signal 88 Security uniform. For every single franchisee and employee, serving is the active ingredient in service. Not only is it what the brand loves to do, it’s who they are.
As a Signal 88 Security franchise owner, you bring peace of mind to your customers and your community, allowing them—and you—to pursue passion in life. For the brand’s franchise partners, Signal 88 becomes a way to achieve control over their lives and enables them to spend more time participating in what’s most meaningful to them. Local Signal 88 owners represent a brand of true difference and meaning in the industry and their communities.
Security is a needed, recession-resistant service, which creates the opportunity for Signal 88 franchisees to build sustainable and scalable businesses. The brand has found a unique niche in the large security industry by offering a modern service model centered on cutting-edge technology and the people who use it.
Signal 88 also offers its franchisees unparalleled support. The brand has a proven sales process, and modern technology platform. Signal 88 also handles billing and payroll at corporate so its owners can spend more time running and growing their businesses, and works to maintain relationships with the best vendors in the industry.
*$468,531 is the average revenue per open and operating Signal 88 Security unit for the entire calendar year ending December 31, 2015. See Item 19 of the 2016 Signal 88 Security Franchise Disclosure Document for more information.
Total Investment Range: $73,000 to $268,400 Including the Franchise Fee
Franchise Fee: $40,500 to $150,000
Royalty Fee: 4% of monthly gross revenues
Co-Founder and Chief Executive Officer
Chief Financial Officer
Chief Development Officer
When Mike Daly left the military, he opted for a career in the private sector. He accepted a position with DynCorp, an American private military contractor. However, some of his friends and colleagues were leaving that company behind in order to open up their own businesses with the help of Signal 88 Security. So Daly decided to look into the brand’s franchising opportunities.
Right away, Daly knew that joining Signal 88’s system was the right move for him. The brand gave him the opportunity to be his own boss while at the same time utilize the training and experience he gained in his previous roles. Since officially opening his doors for business in Florida, Daly’s Signal 88 franchise has rapidly grown.
“The response from the community has been pretty dramatic—people have been incredibly supportive. In fact, the first day were open and out looking for clients, we signed a contract. From there, it’s just been a domino effect of new business,” said Daly. “By following Signal 88’s business model and establishing a strong reputation among consumers, we’ve been able to expand at a fast pace.”
That impressive growth rate is partially due to Signal 88’s incredibly supportive network of corporate team members and local franchisees. It’s part of what makes the brand so unique—business owners all reach out to one another to brainstorm ideas and make plans for further expansion. And as Signal 88 adds more franchisees to its network, that support system is only going to grow.
Signal 88 Security’s services and business model are unparalleled in the industry. Franchisees receive both initial and ongoing training that sets them up for success. It’s also affordable for entrepreneurs to buy into the brand—prospective franchisees can expect their initial investment to range from $73,000to $268,400.
“It’s always going to be tough to build your own business from the ground up. But Signal 88 has a business model in place and a system of supportive franchisees who really make it easy to succeed,” Dally said. “I’m incredibly proud of where I am today, and I’d encourage other entrepreneurs to open up their own Signal 88 franchise.”
Q&A With Signal 88 Security’s CEO, Reed Nyffeler
What about Signal 88 makes it unique within its industry?
Within the security industry, our franchise model allows for the same level of interaction and services that a small security business would afford its clients. The franchise owner is committed, understands the local market and generally is in regular conversation with the employees and clients of that location. This level of service is something that the larger providers would not be able to offer. Using the brand and technology of Signal 88, we are able to overcome the challenges that many small security companies have with respect to their ability to scale and support much larger contract opportunities that expand into markets beyond their initial footprint. We believe that technology, franchising and our distinct advantages through the primary service offering of patrol are huge differentiators for us and have resulted in our market leading growth so far.
What have been some of the brand's most important milestones over the past five years?
We now have nearly 120 franchise owners in nearly 350 locations. We also are open in three countries (Canada, Australia and the U.S.) and are in process with leads that would expand that to seven (UK, Germany, Costa Rica and Panama). Additionally, our revenue after only nine years of purely organic growth would put us in the list of top 20 security firms in the United States.
What plans does the brand have in the coming years?
We will continue to expand our brand domestically and internationally with franchise partners and security sub-contract opportunities overlaying our existing organic growth trend.
What does an ideal franchisee look like?
We are looking for “Team Captains” that have an interest in owning their own business within the security space. Typically, these are individuals that have military, police or security backgrounds and are looking to transfer those skills into a business endeavor that they can directly benefit from!
Why is Signal 88 a good investment?
Our franchise fee is 100% invested in an asset (a territory) that can be resold and which will continue to go up in value. Additionally, we are in an industry that will not go away and we have a very low investment, overhead and expense cost structure that produces returns much larger than the typical security company and/or franchise organization. All of these factors make us an ideal investment for someone looking to start their own business and get a great potential return that has a great aftermarket for a potential exit.
Signal 88 Security
$73,000 to $268,400 Including Franchisee Fee
$40,500 to $150,000