31 Jan Signal of Arlington Heights sees 75% ROI and Newfound Compliance with The Barnacle®
Expanding Revenue and Services with The Barnacle
“The Barnacle has been a game-changer for our business—it’s a smart, efficient way to meet our revenue goals while solving a significant challenge for our clients.” – Josh Mailey Franchise Owner, Signal of Arlington Heights
Signal of Arlington Heights sought a way to expand their service offerings for clients without additional costs to them. After seeing a demo of The Barnacle® at a convention, the team knew it could address a common pain point: enforcing parking rules effectively and conveniently.
The Barnacle quickly became a valuable tool for Signal, helping improve parking compliance while creating a new revenue stream for the business. The team primarily deploys the device for multifamily housing and HOA clients, offering them a cost-effective, less disruptive alternative to towing.
The Results
Revenue Growth: The Barnacle generated approximately $60,000 in parking enforcement revenue, resulting in an estimated 75% profit margin.
Client Benefits: Clients have seen improved parking compliance at their properties without incurring additional costs.
Operational Efficiency: Barnacle features like GPS tracking, a user-friendly portal, and quick payment processing have streamlined operations for Signal’s team, improving cash flow.
Competitive Edge: The Barnacle has also helped Signal close new accounts, positioning the company as a forward-thinking parking enforcement provider.
Key Insights
Client-Friendly Solution: Highlighting The Barnacle’s convenience, adaptable fine structures, and towing-free approach made it an appealing option for clients.
Consistent Deployments: Routine use across just 4-5 clients has improved compliance and driven steady revenue growth.
To learn more about how The Barnacle can solve your parking problems, reach out to a Barnacle Parking team member at sales@barnacleparking.com.