NiteLites Outdoor Lighting

At a Glance

Products & Services: Landscape and architectural lighting

Number of Locations: 17

Total Investment: $65.6K - $102.2K

Founded: 1998

Began Franchising: 2004

Franchise Units

Year U.S. Canadian International Company Owned
2014 13 0 0 4
2013 13 0 0 4
2012 15 0 0 3
2011 16 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $65,585 - $102,205
Franchise Fee: $19,995
Ongoing Royalty Fee: $750-$3K/mo.
Term of Franchise Agreement: Term of agreement not renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
Franchise can be run from home. 40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: varies. At franchisee's location: 3 days. At corporate training center in Myrtle Beach : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, National media, Regional advertising,
Other marketing support: Website

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