
Lifesquire
Personal assistant services- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$40K - $52K
- Units as of 2017
-
5 400.0% over 3 years
Company Overview
About Lifesquire
- Industry
- Services (Other)
- Related Categories
- Miscellaneous Services, Miscellaneous Business Services
- Founded
- 2009
- Leadership
- Valerie Riley, Founder and CEO
- Corporate Address
-
1630 N. Blackwelder, #4
Oklahoma City, OK 73106
Business Overview
- Franchising Since
- 2015 (8 years)
- # of employees at HQ
- 20
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 5 (as of 2017)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Lifesquire 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
- $25,000
- Initial Investment
- $39,593 - $52,439
- Net Worth Requirement
- $45,000 - $1,000,000
- Cash Requirement
- $45,000 - $50,000
- Royalty Fee
- 7%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 7 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
- Lifesquire has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 40 hours
- Classroom Training
- 25 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary Software
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
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?
- Yes
Interested in ownership opportunities like Lifesquire? Request a free consultation with a Franchise Advisor now.
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