Start a Outdoor Lighting Perspectives Franchise in 2024

2024 Franchise 500 Rank: #312 Ranked #265 last year

Initial investment: $85K - $184K

Units as of 2023: 126 59.5% over 3 years

Outdoor Lighting Perspectives has been fulfilling promises on beautiful outdoor lighting business displays for homes, businesses, hospitality buildings, and countless other properties since 1995. Outdoor Lighting Perspectives was formerly known as Lightscapes. The company, which began to franchise in 1998, was born out of Lightscapes with its experience in the outdoor lighting market.

Outdoor Lighting Perspectives is one of the best lights businesses around with its outdoor living brand. This franchise is at the forefront of the outdoor lighting franchise industry, with more than 85 locations and over 100,000 professional outdoor lighting installations.

Why You May Want to Start an Outdoor Lighting Perspectives Franchise

For years, quality outdoor and landscape lighting has been expensive and difficult to install. Outdoor Lighting Perspectives is out to change that. The business has built a new platform and a philosophy of all-inclusive outdoor lighting out of the shadows, away from being the traditional standard and into the mainstream.

Outdoor Lighting Perspectives offers more affordable lighting options and warranties on their products. With LED technology and higher quality fixtures to attempt to ensure that customer's dreams are built to last, each customer gets a free, custom lighting design from one of their lighting professionals. They consider everything from the landscape to the mood, creating a cohesive design that fits the client's personal style.

The franchise is running on a multi-service model offering services in residential landscape lighting, hospitality lighting, and holiday lighting, all under one roof. With additional streams of business, you may be able to work year-round, which is unique for the outdoor lighting and landscaping industry.

What Might Make an Outdoor Lighting Perspectives Franchise a Good Choice?

Outdoor Lighting Perspectives is a leader in the lighting sector. If you choose to open an Outdoor Lighting Perspective franchise, you may be jumping in with an established brand that can teach you how to maximize your efforts.

Outdoor Lighting Perspectives typically offers a protected territory, meaning that your franchise may be in a location where no other Outdoor Lighting Perspectives franchises will compete with you for customers. With the franchise's brand name backing you, your franchise can shine a light on the customers in your area.

You should ensure that you are financially stable enough to absorb the costs of an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty, advertising, and potential renewal fees.

How to Open an Outdoor Lighting Perspectives Franchise

To get started with the Outdoor Lighting Perspectives team, you can request franchise information with an inquiry form. Potential franchisees can speak with one of the representatives and review the Outdoor Lighting Perspectives Franchise Disclosure Document. Then you can set up a time to meet with the Outdoor Lighting Perspectives team and sign an agreement, becoming a franchisee.

You can start your business pretty soon after coming home from a multi-day training at Outdoor Lighting Perspectives corporate headquarters in Richmond, Virginia. Before long, you'll be lighting up your neighborhood with Outdoor Lighting Perspectives.

Company Overview

About Outdoor Lighting Perspectives

Industry	Home Improvement
Related Categories	Lighting Services, Miscellaneous Home-Improvement Businesses
Founded	1995
Parent Company	Empower Brands Franchising LLC
Leadership	Rich Young, President
Corporate Address	2426 Old Brick Rd. Glen Allen, VA 23060
Social	Facebook, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	1998 (26 years)
# of employees at HQ	80
Where seeking	This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming This company is offering new franchises in the following international regions: Canada
# of Units	126 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Outdoor Lighting Perspectives 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$59,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$85,025 - $184,050
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$100,000 - $200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$50,000 - $100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	15% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	7%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1.5%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	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.

In-House Financing	Outdoor Lighting Perspectives offers in-house financing to cover the following: franchise fee
Third Party Financing	Outdoor Lighting Perspectives has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, 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	36 hours
Classroom Training	61 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	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? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	1-3
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes