Question 1

How much does it cost to open a Lightspeed Restoration franchise?

Accepted Answer

The total initial investment for a Lightspeed Restoration franchise ranges from $154K to $334K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Lightspeed Restoration franchise fee?

Accepted Answer

The initial franchise fee for Lightspeed Restoration is $5K.

Question 3

What are the net worth requirements for a Lightspeed Restoration franchise?

Accepted Answer

Net worth requirements for Lightspeed Restoration are specified in the Franchise Disclosure Document.

Question 4

Does Lightspeed Restoration require a personal guarantee?

Accepted Answer

Yes, Lightspeed Restoration requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Lightspeed Restoration franchise?

Accepted Answer

Equipment and inventory costs for Lightspeed Restoration vary by location. Refer to the FDD for estimates.