December 16, 2013 // Franchising.com // West Palm Beach, Fla. - Signarama, the world’s largest sign franchise, which provides a full range of comprehensive sign and graphic services to both the private and commercial segments of the community, has ranked No. 74 overall in the 2014 Franchise 500® in Entrepreneur magazine. The company also earned the coveted No. 1 spot in the sign category.
"We are so proud to have earned the No. 1 spot in our category and to have broken the top 100 overall this year," said Jim Tatem, president of Signarama. "This distinction reinforces our strength in the industry and reflects our true dedication to ongoing excellence in all aspects of our business. We’ve steadily moved up in the ranking over the past few years and we are honored to be recognized for our hard work."
Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® acknowledged Signarama for its exceptional performance in areas including financial strength and stability, growth rate, and system size. The West Palm Beach, Fla.-based company has held a top position for the last several years, and moved up 42 spots from their No. 116 spot in the overall 2013 rankings.
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. An independent CPA analyzes all financial data. The most important factors include financial strength and stability, growth rate and size of the system. All franchises are given a cumulative score, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Approaching 900 locations in 50 countries, Signarama is the world’s largest sign franchise. The business provides comprehensive sign and graphic services to consumers and commercial customers—from digital, neon, LED and pylon signs to vehicle wraps, banners and monument signs. International development is currently focused on Asia, Africa and Central and South America. For more information, visit www.signarama.com.