Outdoor Lighting Perspectives
- Outdoor Lighting Perspectives Franchising, Inc.
2924 Emerywood Pkwy., # 101
Richmond, VA 23294
Outdoor Lighting Perspectives is North America’s number one choice for professional outdoor lighting design, installation, and maintenance. Our unparalleled design expertise, handcrafted copper and brass low-voltage LED outdoor light fixtures, and impeccable installation with continued maintenance have earned us our reputation for being America’s number one preferred outdoor lighting company.
Franchisor Background
Year Established: 1995
Franchising Since: 1998
Operating Units
| Franchised Units |
42 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
42 |
100% |
Geographic Distribution
| USA |
41 |
93.2% |
In 16 States
|
| Canada |
1 |
2.3% |
In 1 Provinces
|
| International |
2 |
4.5% |
In 2 Foreign Countries
|
| Total |
44 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Florida |
5 |
| North Carolina |
3 |
| Ohio |
3 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
Yes |
| CFA Member |
No |
| Franchisee Association? |
No |
| Size of Corporate Staff |
35 |
Site Selection
Assistance |
N/A |
| Lease Negotiation Assistance |
N/A |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
N/A |
| Central Purchasing |
Yes, at additional cost |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
N/A |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Yes, at additional cost |
| 800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
| Minimum Net Worth |
$100K |
| Cash Investment |
$80K |
| Total Investment |
$53.7-109.6K |
| Average Total Investment |
$82K |
Fees
| Initial Franchise Fee |
$39.5K |
| Average Franchise Fee |
N/A |
| On-Going Royalty |
7% |
| Average Royalty |
7% |
| Advertising Fee |
1.5% |
Site Information and Requirements
| Average Number of Full-Time Employees |
N/A |
| Average Number of Part-Time Employees |
N/A |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
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Terms of Contract
| Term of Initial Contract |
7 |
| Term of Renewal Period |
7 |
| Passive Ownership? |
Allowed |
Area Development
Agreements? |
Yes, for 0 years
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
6 |
| USA |
Yes, All United States |
| Canada |
Yes, All Canada |
| Overseas |
Yes, All Countries |
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