16 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a Lightspeed Restoration franchise ranges from $154K to $334K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Lightspeed Restoration is $5K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Lightspeed Restoration 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Lightspeed Restoration franchise requires a physical location (2025 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisLightspeed Restoration charges a royalty fee of 8.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Lightspeed Restoration franchise is approximately 10.0% of gross sales (2025 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $750/month technology fee, and other recurring charges.
View full fees analysisLightspeed Restoration has been involved in 1 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Lightspeed Restoration franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisLightspeed Restoration offers protected territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisLightspeed Restoration currently operates 27 locations (2025 FDD) (27 franchised, 0 company-owned). The system grew by 50.0% over the past year.
View full growth analysisThe 1-year franchisee turnover rate for Lightspeed Restoration is 16.7% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the Lightspeed Restoration FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $792K (average: $710K).
View full financials analysisThe initial franchise agreement term for Lightspeed Restoration is 10 years (2025 FDD). Franchisees can renew 2 times for 5-year periods. The total potential term is 20 years.
View full contract analysisLightspeed Restoration's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 25 miles of the former location (2025 FDD).
View full legal analysisYes, Lightspeed Restoration's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.
View full legal analysisLightspeed Restoration provides 80 hours of initial training over approximately 2 weeks (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Lightspeed Restoration provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.
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