Leather Medic
At a Glance
Products & Services: Leather repair & refinishing
Number of Locations: 20
Total Investment: $29K - 56.5K
Founded: 1989
Began Franchising: 2003
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 19 | 0 | 0 | 1 |
| 2011 | 20 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $29,000 - $56,500
Franchise Fee: $25,000 - $47,500
Ongoing Royalty Fee: $425/truck/mo.
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $25,000 - $47,500
Ongoing Royalty Fee: $425/truck/mo.
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Liquid Cash Available: $20,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 6 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks,
Other marketing support: Personalized website
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