- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$35K - $126K
- Units as of 2014
-
2
Company Overview
About Clear Lights Franchising Corp.
Related Categories | Miscellaneous Automotive Products & Services, Miscellaneous Maintenance Businesses, Miscellaneous Services |
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Founded | 2010 |
Leadership | Amy Mullen, CEO |
Corporate Address |
493 Marebear Ln. Felton, DE 19943 |
Social |
Business Overview
Franchising Since | 2011 (13 years) |
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# of employees at HQ | 2 |
# of Units | 2 (as of 2014) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Clear Lights Franchising Corp. franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
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Initial Investment
|
$35,000 - $126,420 |
Net Worth Requirement
|
$20,000 - $100,000 |
Cash Requirement
|
$30,000 - $85,000 |
Veteran Incentives
|
10% off franchise fee & 25% off royalties for 1st year |
Royalty Fee
|
8% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Clear Lights Franchising Corp. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 5-7 days |
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Classroom Training | 2 weeks |
Ongoing Support |
Grand Opening
Security & Safety Procedures
Field Operations
|
Marketing Support |
Co-op Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
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No |
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