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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$38K - $115K
Units as of 2020
55 Increase 3.8% over 3 years

Company Overview

About LeTip

Industry Business Services
Related Categories Networking Groups
Founded 1978
Parent Company Loyalty Brands
Leadership Kim Marie Pettid-Branch, CEO
Corporate Address 4838 E. Baseline Rd., #123
Mesa, AZ 85206
Social Facebook, LinkedIn

Business Overview

Franchising Since 2019 (6 years)
# of employees at HQ 14
# of Units 55 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a LeTip 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 Information Circle
$30,000 - $90,000
Initial Investment Information Circle
$38,110 - $115,400
Royalty Fee Information Circle
17%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing LeTip offers in-house financing to cover the following: franchise fee

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 9 hours
Classroom Training 21 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022