Leather Medic
At a Glance
Products & Services: Leather repair & refinishing
Number of Locations: 21
Total Investment: $35K
Founded: 1989
Began Franchising: 2003
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 20 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $35,000
Franchise Fee: $25,000
Ongoing Royalty Fee: $425/mo./truck
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: $425/mo./truck
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 |
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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
Franchise Ranking History
Franchise 500®: #493 (2008),
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