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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$74K - $90K
Units as of 2017
17 15% over 3 years

Company Overview

About Leather Medic

Industry
Maintenance
Founded
1989
Parent Company
Life Ventures
Leadership
Chade Life, CEO

Franchising Overview

Franchising Since
2003 (19 years)
# of employees at HQ
3
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
17 (as of 2017)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
5565 Lee St., #1
Lehigh Acres, FL 33971

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Leather Medic 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
$49,500
Initial Investment
$73,900 - $90,240
Net Worth Requirement
$40,000
Cash Requirement
$40,000
Veteran Incentives
10% off franchise fee
Royalty Fee
$450/truck/mo.
Term of Agreement
7 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
Leather Medic offers in-house financing to cover the following: franchise fee, equipment, inventory

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
16 hours
Classroom Training
29 hours
Ongoing Support
Meetings & Conventions
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

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?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021