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2022 Franchise 500 Rank
N/R Not ranked last year
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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

Franchising Overview

Franchising Since
2010 (12 years)
# of employees at HQ
23
# of Units
20 (as of 2017)

Franchisor Information

Corporate Address
3281 Fairlane Farms Rd., #1
Wellington, FL 33414

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
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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.

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
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Franchise 500 Ranking History

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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