FDD Year-over-Year Comparison
Signal FDD: What Changed from 2025 to 2026
The 2026 Signal FDD moves the Item 7 estimated initial investment range from $160,200–$5,189,650 to $160,200–$10,189,650, and the system grows from 1,645 to 1,883 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $160,200 | $160,200 | unchanged |
| High end of range | $5,189,650 | $10,189,650 | +$5,000,000 (+96.3%) |
| Full range | $160,200–$5,189,650 | $160,200–$10,189,650 | |
The 2026 filing puts the Item 7 estimated initial investment at $160,200–$10,189,650, versus $160,200–$5,189,650 in the 2025 filing. The low end is unchanged and the high end moves by +$5,000,000 (+96.3%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 1,645 | 1,883 | +238 (+14.5%) |
Signal reports 1,883 outlets in the 2026 FDD, versus 1,645 in the 2025 filing (+238 (+14.5%)).
Item 19 — Financial Performance Representations
Signal included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Signal franchise change in the 2026 FDD?
The 2026 FDD for Signal states an Item 7 estimated initial investment of $160,200–$10,189,650, against $160,200–$5,189,650 in the 2025 filing. The high end moves from $5,189,650 to $10,189,650 (+$5,000,000 (+96.3%)).
How many locations does Signal have?
The 2026 FDD for Signal reports 1,883 outlets in Item 20, against 1,645 in the 2025 filing — 238 more.
Does Signal disclose financial performance in its FDD?
Signal included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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