YESCO Sign & Lighting Service
Sign and lighting service and maintenance- 2023 Franchise 500 Rank
-
#198 Ranked #179 last year
- Initial investment
-
$65K - $352K
- Units as of 2022
-
102 4.1% over 3 years
YESCO Sign & Lighting Service is one of the largest custom sign companies, operating in over 80 locations in the United States. More than 40 of those locations are franchises. The company also has multiple franchises located in Canada. YESCO Sign & Lighting Service may be recognized for its quality products, energy-efficient signage, image quality, and installation ease.
Since its foundation in 1920, YESCO Sign & Lighting Service has striven to adhere to the highest standards and quality for its sign and lighting services. Their mission is to provide value for service, a policy that has seen them survive in this industry for more than 100 years.
Why You May Want to Start a YESCO Sign & Lighting Service Franchise
YESCO Sign & Lighting Service began franchising its services in 2011, with a business model backed by many decades of experience and strict adherence to a customer-oriented approach. YESCO Sign & Lighting Service has a solid commitment to impact franchisees who wish to join them by prioritizing their needs.
As a franchisee, you may have the full advantage of utilizing business relationships that have seen this company stay at the top of their game for as long as they have. You will have access to the company's proprietary software 'Servizio by YESCO,' designed to generate leads, monitor sale activities, and handle office operations, potentially allowing you to focus your time and resources on growing your business.
YESCO Sign & Lighting Service has a wealth of knowledge they are ready to share with franchisees through training programs, business coaching, networking opportunities, and a ready support team.
What Might Make a YESCO Sign & Lighting Service Franchise a Good Choice?
To be part of the YESCO Sign & Lighting Service team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for the existence of ongoing fees that will include royalty and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
A typical franchise agreement runs for ten years. At the end of the term, franchisees may be allowed to renew their agreement for a sum if they meet the YESCO Sign & Lighting Service requirements. The franchisor offers in-house financing to help cover the initial franchise fee and equipment costs for qualified franchisees. Franchisees who qualify may access third-party financing to help cover startup costs, equipment, inventory, accounts receivable, and payroll costs.
How To Open a YESCO Sign & Lighting Service Franchise
As you decide if opening a YESCO Sign & Lighting Service franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a YESCO Sign & Lighting Service franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Opening a YESCO Sign & Lighting Service franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the YESCO Sign & Lighting Service franchising team questions.
Company Overview
About YESCO Sign & Lighting Service
- Industry
- Business Services
- Related Categories
- Miscellaneous Business Services, Signs
- Founded
- 1920
- Parent Company
- YESCO
- Leadership
- Sam Fisher, Senior Vice President
- Corporate Address
-
2401 Foothill Dr.
Salt Lake City, UT 84109
Business Overview
- Franchising Since
- 2011 (2023-2011 years)
- # of employees at HQ
- 1,000
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 102 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a YESCO Sign & Lighting Service franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $50,000
-
Initial Investment
Information Circle - $65,000 - $352,200
-
Net Worth Requirement
Information Circle - $250,000
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Cash Requirement
Information Circle - $100,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - 6%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- YESCO Sign & Lighting Service offers in-house financing to cover the following: franchise fee, equipment
- Third Party Financing
- YESCO Sign & Lighting Service has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 17-48 hours
- Classroom Training
- 76-144 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Social MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - Yes
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 3
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like YESCO Sign & Lighting Service? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where YESCO Sign & Lighting Service landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where YESCO Sign & Lighting Service ranked on other franchise lists? Find out below.
Ranked #198 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #43 in 2023
Check out the top franchises that offer you the freedom of working from home or on-the-go.
Ranked #72 in 2023
Top Global Franchises
Ranked #36 in 2023
Buying a franchise on a budget? No problem. Here are the top franchises that can be started for less than $150,000. For more low-cost opportunities, see our lists of franchises that can be started for less than $50,000 and less than $100,000.
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