5/10

Franchimp Summary Rating

9 /10
Lower than 14% of peers

Franchise Summary

Description
The franchise is for the establishment of an LEI Home Enhancements business that sells residential home improvements products including windows, doors, siding and roofing and provides certain services under the service mark LEI and LEI Home Enhancements (each, a Franchised Business).
Company Background
LEI Home Enhancements, LLC (the "Company") is a home improvement franchise company. The Company's mission statement is to grow our business by making homeowners' lives better and more successful through the sale of residential home improvements products and services in an environment that reflects LEI's core values: honesty, integrity and respect for others. The Company will be sold as a privately held entity with no public trading or ownership of its securities on any market or exchange at this time.
Franchise Opportunity
Your home is likely your most valuable asset, and it's important to make sure that it's properly protected and maintained. Most people only think about home improvements when they're selling their home, but it's important to maintain your home on a regular basis with proper repairs and upgrades. LEI Home Enhancements can help you with all of your residential home improvement needs. We offer a wide range of products including windows, doors, siding, roofing and more. Plus, we provide certain services under the service mark LEI and LEI Home Enhancements(R).
Corporate Structure
LEI Franchising, LLC is an Ohio limited liability company organized on August 16, 2017. Their principal business address is 11880 Kemper Springs Drive, Cincinnati, Ohio 45240.
Royalties and Marketing Fees

Royalties : 5% of Monthly Gross Sales

Royalties : 1% of Monthly Gross Sales. Currently, no Marketing Fund contribution requirement is in place.

Royalties : $1,000 per month at minimum

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of LEI Home Enhancements Franchisees

LEI Home Enhancements Franchise System Development in 2021

FAQ

How much investment do I need to start my own LEI Home Enhancements business?
Franchisees typically require at least $61 to $141 investment to get their LEI Home Enhancements business started
What are the initial franchise fees for LEI Home Enhancements?
Franchisees typically need to pay at least $39 in fees directly to LEI Home Enhancements in order to earn the right to launch their business
How much money can I make with a LEI Home Enhancements franchise? What are the average revenues for a typical LEI Home Enhancements business?
We haven’t done the math on how much revenue a typical LEI Home Enhancements brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect LEI Home Enhancements to generate a similar amount
How long do I need to commit to running a LEI Home Enhancements unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

9 /10
The Franchisor's investment costs ranges from $61,100 to $141,700 which is Much Lower than the $0 to $0 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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