Marcel Fairbairn
President and CEO

Why Franchise?

I often get asked this question. Franchising is a proven method that builds businesses while protecting all parties involved. 

For us at LED Source®, franchising provides the ability for us to have a location in every market. No other method promotes such rapid development. It allows us to grow and distribute new products to meet high demands. In addition and probably one of the most important reasons is that it creates an ownership mentality. This ensures that our brand is properly represented in the marketplace.

 

your financial investment to become a franchisee

We’ve already sold some regions and key cities, however, many great markets are still available. Several options may exist depending on your desired investment level and lighting background or experience. The estimated initial investment for developing an LED Source® franchise breaks down as follows:

  • Item
  • Low Estimate
  • High Estimate
    • Franchise Fee
    •   $10,000
    •   $49,500
    • Grand Opening Package
    •   $6,500
    •   $9,000
    • Initial Training
    •   $2,500
    •   $10,000
    • Utility Deposits
    •   $500
    •   $1,000
    • Vehicle Wrap, Equipment, Lease
    •   $8,000
    •   $15,000
    • Construction / Improvements
    •   $0
    •   $15,000
    • Professional Fees
    •   $500
    •   $5,000
    • Rent - Initial 3 Months
    •   $3,000
    •   $8,100
    • Office Equipment / Supplies
    •   $2,000
    •   $8,000
    • Security Deposits
    •   $4,000
    •   $7,000
    • Insurance - Annual
    •   $800
    •   $1,300
    • Licenses
    •   $300
    •   $500
    • Signage
    •   $0
    •   $2,000
    • Additional Funds - 3 Months
    •   $42,000
    •   $290,000
  • Total Investment
  •   $80,100
  •   $421,400

This an estimate only and subject to change depending upon local area and investment level. See Items 5 and 7 of our FDD for details. Franchise offers by prospectus (FDD) only. "LED Source," "LouMan Money," and "Your LED Lighting Experts" are registered trademarks of LED Source, LLC

 
 

How Do We Market Our Brand?

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