Lightspeed Restoration (General offering)
Lightspeed Restoration franchises specialize in providing 24/7 restoration and remediation services, including water and fire damage restoration and indoor air quality services, to residential and commercial customers affected by casualties. Franchisees operate within protected territories, serving insurance companies, property owners, and businesses in a competitive market that includes national chains, regional providers, and local businesses, with demand influenced by seasonal and disaster-related events. The business model emphasizes emergency response and adherence to proven systems for competitive advantage.
Franchise Costs
Tiered royalty (8% down to 5% based on YTD revenue) + 2% ad fund + $750/mo technology ($250 per additional territory)
Financial Performance
Item 19 Financial Performance
Data Based On: 6 franchised businesses (1 single territory franchisee and 5 multiple territory franchisees) open for full calendar year 2024.
* Calculated weighted average gross revenue per franchisee based on the reported figures for 2024: (1 single-territory franchisee × $349,180 average sales) + (5 multiple-territory franchisees × $881,032 average sales) / (1 + 5 total franchisees) = $792,390. The FDD provides average gross profit as 73% and average labor cost as 15% of gross sales. Estimated best_guess_profit_high as average gross revenue multiplied by average gross profit percentage (73%). Estimated best_guess_profit_low as average gross revenue multiplied by (average gross profit percentage (73%) - average labor cost percentage (15%)).
Extracted Item 19 Section
How Lightspeed Restoration (General offering) Compares
Key Insights
- Higher investment than 76% of Home Services franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Lightspeed Restoration (General offering) Current | $154K – $334K | $5K | 8.0% | 27 |
| MERRY MAIDS | $127K – $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K – $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K – $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K – $128K | $45K | 10.0% | 546 |
| Culligan | $130K – $814K | $40K | 2.0% | 460 |
Home Services Average 130 franchises | $144K – $289K | $53K | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Lightspeed Restoration (General offering) franchise ranges from $154,230 to $334,000. This includes a franchise fee of $5,000. Ongoing royalty fees are 8.0% of gross sales.
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