- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$80K - $421K
- Units as of 2017
-
20 33.3% over 3 years
Company Overview
About LED Source
| Industry | Retail |
|---|---|
| Related Categories | Miscellaneous Retail Businesses |
| Founded | 2005 |
| Leadership | Marcel Fairbairn, CEO |
| Corporate Address |
3281 Fairlane Farms Rd., #1 Wellington, FL 33414 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2010 (14 years) |
|---|---|
| # of employees at HQ | 23 |
| # of Units | 20 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a LED Source 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
|
$10,000 - $49,500 |
|---|---|
|
Initial Investment
|
$80,100 - $421,400 |
|
Net Worth Requirement
|
$100,000 - $150,000 |
|
Cash Requirement
|
$100,000 - $150,000 |
|
Veteran Incentives
|
$10,000 off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
1.5% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | No |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 46 hours |
|---|---|
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where LED Source landed on this year's Franchise 500 Ranking versus previous years.
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