How Much Does it Cost to Open an Outdoor Lighting Perspectives Franchise?
With a franchisee fee of between $32,175 - $49,500 for a standard territory (significantly lower if you are adding on to an existing business or converting an exterior lighting business) and a projected marketing budget of approximately $40,000-$45,000 for your first year of operation, the total initial investment in an Outdoor Lighting Perspectives territory is between $100,000 - $150,000*.
What Our Franchise Partners Say
-
"The relationships we have at corporate is unlike anything I thought it would be."
-
"The day that we opened, the day we signed the contract, turned the phones on and they started ringing!"
-
"We’ve had to work very hard but yet the payoff is incredible! We can manage our own schedules now."
-
"Outdoor Lighting Perspectives may offer you an opportunity that is within your range and give you the added support to up your change reaching your goals."
Estimated Cost of Opening Your Own Outdoor Lighting Franchise
OLP franchisees generally invest between
$100,000 - $150,000* to launch their business, which includes the
initial franchise fee of between $32,175 - $49,500.
For OLP to be the right franchise match for you, you will need:
- $32,175 - $49,500 franchisee fee (significantly lower if you are adding on an OLP business to an existing business or converting an exterior lighting business to the OLP brand; please see our Franchise Disclosure Document for details)
- $60,000 – $90,000 capital for a vehicle, equipment, and initial launch marketing
-
Depending on your situation, additional income source to support you during
your ramp-up.
Total Estimated Cost to Franchise with Out Door Lighting
| Type Of Expenditure: | Low - High |
| Initial Franchise Fee: | $32,175 - $49,500 |
| Initial Marketing Collateral: | $2,000 - $3,000 |
| Vehicle Wrap: | $2,500 - $3,000 |
| Trade Show Booth: | $1,500 - $2,000 |
| Travel/Living Expenses While Training: | $2,000-$3,500 |
| Tools and Equipment: | $1,000-$2,000 |
| Computer Hardware and Software: | $0 - $1,200 |
| Inventory: | $8,000 - $13,000 |
| Start-up Marketing and Advertising: | $20,000 - $25,000 for the first 90 days After Satisfactorily Completing the Initial Training |
| Vehicle: | $0-$30,000 |
| Additional Funds (3 months): | $10,850 |
| Total: | $80,025-$143,050 |
Note: Additional working capital requirements vary by franchisee. See Item 7 in the most current FDD for additional details. Contact the franchise recruiting team to learn more.
Launch Your Business in 30 Days!
An additional benefit of joining our lighting franchise is the fast start-up period. Combine this with the low initial commitment and you can launch your business within 30 days and quickly start seeing a return on your investment. Many other franchise concepts take longer than this just to get started, let alone open. In addition, there are a number of discount offerings available.
Qualified veterans are eligible for a 35% VetFran discount. Please see
our Franchise Disclosure Document for details on all discounts.