9/10

Franchimp Summary Rating

10 /10
Lower than 9% of peers

Franchise Summary

Description
We (Larada Sciences, Inc. or LSI) offer individual franchises for the operation of Lice Clinics of America businesses, which include a main "Clinic" and offer lice screening and diagnosis, lice-treatment services using the patented AirAlle heated-air device, and other lice-treatment services and related products
Company Background
Lice Clinics of America is the nation's leading provider of lice treatment services. The company offers individual franchises for operation of Lice Clinics of America businesses, which include a main "Clinic" and offer lice screening and diagnosis, lice-treatment services using the patented AirAll?(R) heated-air device, and other louse treatment services and related products.
Franchise Opportunity
Lice are a common problem, and can be difficult to get rid of. Not only are lice annoying and embarrassing, but they can also be difficult to get rid of using over-the-counter products. Lice Clinics of America is the world's largest network of professional lice treatment centers. Our clinics use the patented AirAll? device, which has been proven to kill live lice and eggs in a single treatment.
Corporate Structure
Larada Sciences, Inc. registered as a Delaware corporation on December 20, 2013, having previously incorporated in the State of Utah. Their principal place of business is at 154 East, Myrtle Avenue, Suite 304, Murray, Utah 84107.

Earnings Transparency

7 /10
This Franchise discloses slightly more 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

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Medical Practices & Clinics Industry

$158,730 / unit

Franchise Type: Standard

Average Revenue During 2022

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Lice Clinics of America Franchise System Development in 2024

FAQ

How much investment do I need to start my own Lice Clinics of America business?
Franchisees typically require at least $120,270 to $167,820 investment to get their Lice Clinics of America business started
What are the initial franchise fees for Lice Clinics of America?
Franchisees typically need to pay at least $85,420 in fees directly to Lice Clinics of America in order to earn the right to launch their business
How much money can I make with a Lice Clinics of America franchise? What are the average revenues for a typical Lice Clinics of America business?
We estimate that the average revenue of an individual Lice Clinics of America unit is approximately $158,730. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Lice Clinics of America unit? What is my contractual commitment?
Lice Clinics of America franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $120,270 to $167,820 which is Much Lower than the $0 to $0 average in the Medical Practices & Clinics 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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