Outdoor Lighting
As the category founder, Outdoor Lighting Perspectives (OLP) stands alone as the worlds oldest and largest outdoor lighting franchise company. OLP has custom-designed and installed eco-friendly low voltage exterior and landscape lighting at more than 70,000 homes and businesses since our inception in 1995. OLP provides rigorous training, proven sales, support and marketing systems that enable our franchisees to sell, design and install professional outdoor lighting systems with unparalleled service and attention to detail. With an average sales of approximately $4,500, gross profit margins of approximately 60% and a sales closing ratio of over 65%, OLP is a strong choice for franchise candidates seeking a home-based business with few employees, low overhead, recurring revenue and great growth potential.
BACKGROUND
Established: 1995
First Franchised: 1995
Franchised Units: Approximately 75
Company Owned Units: 1
Projected New Units: 10
Registered In: Entire U.S.
Availability in Canada: There is an existing Master Franchisee in Canada
FINANCIAL/TERMS-STANDARD TERRITORY
Cash Investment: $50k+
Total Investment: $94.5k - $146.5k
Minimum Net Worth: $250k+
Franchise Fee: $49k to $69k depending on territory population
Discounts: VetFran
VetFran Program Participant: Yes, 15% discount off initial franchise fee
Royalty: 7.0% branding/sales royalty
Ad: 1.5% national advertising royalty
Average # of Employees: Three (Full-time office manager (1), installation crew (2) and commission-based design consultants)
Passive Ownership Allowed: Yes
Earnings Claims: Yes, see full Item 19 disclosure in FDD
FINANCIAL/TERMS- LIMITED MARKET TERRITORY
Cash Investment: $35k+
Total Investment: $38.5k - $72.5k
Minimum Net Worth: $150k+
Franchise Fee: $24.5k
Discounts: VetFran
VetFran Program Participant: Yes, 15% discount off initial franchise fee.
Royalty: Fixed monthly branding fee of $700/month in year one; $900/month in year two; and $1,100/month in year three and beyond
Ad: Fixed monthly national advertising fee of $150/month in year one; $250/month in year two; and $350/month in year three and beyond
Average # of Employees: Three (Part-time office manager (1), installation crew (2) and commission-based design consultants)
Passive Ownership Allowed: Yes
Earnings Claims: Yes, see full Item 19 disclosure in FDD
INTERNATIONAL EXPANSION
International Opportunities: While we are focused primarily on North America, we have locations in Ireland, Kuwait and Bermuda. We are interested in the United Kingdom, but plan to hold off on additional international expansion for now.
Countries, outside of United States, where the concept is currently available or plans to expand: United Kingdom
Single Unit Availability: Yes
Multiple Unit Availability: Yes
Area Development or Master Availability: Yes
Cash Investment: TBD
Total Investment: TBD
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