Signs Now Announces Plans to Expand Franchise Network into Mid-Atlantic Region
One of the nation’s largest graphics and sign franchise companies, Signs Now A Division of Allegra Network LLC, has announced plans to expand their network into the Mid-Atlantic region, with a specific focus on Baltimore, Philadelphia, Washington D.C and surrounding markets.
To further recruitment, Signs Now representatives will be on hand during the International Franchise Expo (IFE) at the Washington Convention Center March 30 – April 1, 2007 to discuss ownership opportunities with prospective franchise owners.
“We see the potential for 15 to 20 new Signs Now stores in the Mid-Atlantic region,” remarks Signs Now President Steve White. “The company has several model franchises in this region and their achievement rates continue to rise. We feel the current growth trends in franchising and the proven success of Signs Now provides a winning combination for potential owners in the area.”
According to a FRANdata Corp. study released in February for International Franchise Association’s Education Foundation; entrepreneurs and venture capitalists are being drawn to franchising as a business expansion strategy. On an individual franchise system basis, there is evidence of mature systems adopting a wide range of business formats, investment options, financing programs and other features to expand their business.
“Signs Now offers a welcome and unique opportunity for the many entrepreneurs looking for business ownership, whether for an investment or a change of career,” remarks White. “The beauty of owning a Signs Now franchise is the ease at which owners can learn the system and the manageable work hours, compared to other franchising sectors.”
Signs Now finished 2006 with the highest sales and franchise development increases in over ten years. The company gained 20 new franchisees with a 15 percent sales and store increase throughout the company, reaching nearly $95 million. In 2006, Signs Now recruited new franchise owners country-wide including locations in Louisiana, Washington, Arizona, Illinois, Missouri, Florida, Georgia, Oregon, North Carolina, Tennessee, California, Maryland and Pennsylvania.
“The increases in sales and development are a direct result of the exciting and unique programs we offer potential franchisees, including business-to-business marketing initiatives, our profit mastery program and high-end market positioning and branding, all of which we’re excited about sharing with prospective franchisees in the Mid-Atlantic region ,” says White.
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