Lightning Raingutters

Rain gutter installation, repair, maintenance, and cleaning
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$51K - $74K
Units as of 2020
2 100.0% over 3 years

Company Overview

About Lightning Raingutters

Founded
2004
Leadership
Rodney Rich, CEO

Franchising Overview

Franchising Since
2019 (3 years)
# of employees at HQ
2
Where seeking

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

This company is seeking new franchisees in the following international regions:

# of Units
2 (as of 2020)

Franchisor Information

Corporate Address
549 N. Rector Wy.
Fresno, CA 93737

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Lightning Raingutters 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
$51,000 - $74,100
Net Worth Requirement
$25,000
Cash Requirement
$25,000
Royalty Fee
7%
Ad Royalty Fee
1%
Term of Agreement
10 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.

Third Party Financing
Lightning Raingutters has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable

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
36 hours
Classroom Training
20 hours
Ongoing Support
Grand Opening
Site Selection
Marketing Support
Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
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