LED Source logo

LED Source

LED lighting solutions
Investment
$80,100
Initial Franchise Fee
$10,000 - $49,500
Units
20
Growth Rate
N/A

Overview

Industry
Retail
Founded
2005
Franchising Since
2010
Parent Company
Leadership
Marcel Fairbairn, CEO
# of Employees at HQ
23

Units and Growth Chart

Investment Details

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
Royalty Fee
5%
Ad Royalty Fee
1.5%
Technology Fee
N/A
Term of Agreement
10 years
Is Franchise Term Renewable?
No
Financing
N/A
Veterans Incentive
$10,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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 & Requirements

Key operational details and requirements for 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
# of employees required to run
N/A
Are exclusive territories available?
No

Ranking History

LED Source performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022