Where profitable solutions come to light.creates ambiance and adds beauty and drama to every area of...
Transcript of Where profitable solutions come to light.creates ambiance and adds beauty and drama to every area of...
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FranchiseInformation
Where profitable solutions come to light.
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The CompanyHome Décor is currently one of the fastest growing sectors in retail, and lighting is one of the most cost effective ways toenhance our home environment. Proper lighting creates ambiance and adds beauty and drama to every area of the home. Lighting is the magic that completes every interior, and we’d love to help you start your own business in this dynamic field.
Over 40 Years of Canadian Franchising
Living Lighting is Canada’s largest franchised chain of residential lighting stores. We specialize in fashion lighting and décor accents for the home, with an emphasis on selection, service, style and value. The first Living Lighting store opened in 1968. There are currently 25 stores in Ontario and 2 stores in Nova Scotia.
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Benefits• Lease Negotiations and Site Selection• Will Assist in Arranging Financing• Store Design and Construction• Store Set-Up Assistance• Banking Discounts• Group Benefit Plan• Commercial Business Insurance• Group Buying Programs• Extensive Vendor Programs (Price Discounts,
Extended Payment Terms, Exclusive Product)• In-depth Marketing Programs• Professional Advertising Material• Merchandising Expertise• On-going Training and Seminars
Every home, apartment, cottage and office requires lighting. New homes, renovations and redecorating projects all result in the need for lighting and other décor related products. Properly chosen lighting completes the decorative setting and provides the magic to create just the right mood. Living Lighting stores have a broad appeal and attract customers of all ages and incomes.
Markets
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Living Lighting presents every product you would expect to find in a specialty lighting store, including the latest designs in chandeliers and light fixtures for every application, a wide selection of floor, desk and table lamps, ceiling fans, specialty lighting products, lamp shades and light bulbs of every type. We also feature a broad range of décor accessories for the home including occasional furniture, framed prints and mirrors, as well as unique décor accent pieces.
Products
There is no greater satisfaction than owning your own business. By owning your own Living Lighting franchise, you have the opportunity to create and build something that is larger than yourself – a business that can be passed on to future generations. Living Lighting’s proven format and ongoing support will help you realize your full potential!
Build a Strong, Lasting Business
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Proforma
Projections represented above are based on certain assumptions and historical data available to Living Lighting Management. There is no warranty or guarantee that these projections will reflect actual performance. Projections depend on numerous factors including the franchisee’s business and management skills, as well as factors specific to the Lighting industry.
Proforma Notes
Contact Bruno Piva for more informationTelephone: 416 447 9499 • Toll Free: 1 800 293 3974 • Fax: 416 447 3974 • Email: [email protected]
$91,000
LEVEL 1 LEVEL 2 LEVEL 3SALESGROSS PROFIT (50%)EXPENSES:WAGES & BURDENVISA & MC INSURANCETELEPHONEUTILITIESRENTC.A.M. & ADD.REPAIR & MAINTENANCEROYALTY (5%)NAT. & LOCAL ADV. (4%)STORE SUPPLIESPROFESSIONAL FEESBANK CHARGES & INTERESTMISC. EXPENSETOTAL EXPENSESTOTAL EXPENSESNET INCOME
800,000400,000
88,0009,6002,0002,4008,000
80,00020,0001,200
40,00032,0008,0002,4001,2008,000
$302,800$97,200
1,100,000550,000
130,0013,2002,0002,400
10,00090,00030,0001,200
55,00044,00011,0002,4001300
11,000
$394,500$155,500
1,300,000650,000
141,40015,6002,0002,400
12,000100,00040,0001,200
65,00052,00013,000
24001,400
13,000
$458,600$191,400
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Estimated New Store Opening Costs:
Franchising
Since every Living Lighting store is individually designed, every franchisee’s investment differs. We do not follow a “cookie-cutter” approach to our stores, so the construction costs depend upon the size of the unit being opened, and the inventory plan must be adapted to the available space and market. A detailed capital cost budget and operation budget will be provided once a location is selected.
Investment
Franchise FeeFurniture and EquipmentLeaseholds and Fixturing (Includes display inventory)InventoryWorking Capital
Total Store Opening Costs
Source of Funds
Cash required - (includes deposit on SBL plus $50k to $75k working capital)CB Loan (Govt guaranteed small business loan)
Total
From30,00010,000175,00075,00050,000
$340,000
175,000
165,000
$340,000
To30,00020,000225,000125,00075,000
$475,000
250,000
225,000
$475,000• Workingcapitaltocoverallopeningcostsi.e.utility&rentdeposits,
professonalfees,initialmarketingetc• Allcostsareestimatesandmaybesubjecttochangebasedontheactualcost
ofproject.• WorkingcapitalcanbecashorLinesofCredit
Nature of Business Residential lighting, lamps, chandelier, outdoor lighting, shades, bulbs and decorative home accessories
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BARRIE42 Caplan Ave.(705) 721-9854
BRACEBRIDGE505 Hwy. 118 West(705) 646-8891
BURLINGTONBurlington Mall777 Guelph Line(905) 632-5788
ETOBICOKE4242 Dundas St., W.(416) 236-3611
WASAGE BEACH7-707 River Road WestTel.: 705-429-1500
RICHMOND HILL9737 Yonge St. (905) 737-7445
SARNIA1152 London Rd.(519) 383-8888
GEORGETOWN245 Guelph St. (905) 873-2996
GRAVENHURST545 Muskoka Rd., N.(705) 687-7956
KITCHENER500 Fairway Rd. (519) 748-0123
LONDONNorth1673 Richmond St., N. (519) 667-3022
South765 Exeter Rd.(519) 681-0212
TORONTOBeaches1841 Queen St., E.(416) 690-2544
South624 King St., W.(416) 364-9099
MARKHAM5308 Hwy. 7 905) 294-9557
MISSISSAUGA785 Britannia Road Heartland Town Centre
NEWMARKET17335 Yonge St. (905) 898-2755
WOODBRIDGE Hwy. 7 & Marycroft Dr. (905) 856-1204
NOVA SCOTIADartmouth560 Windmill Rd. (902) 468-2810
HALIFAX6417 Lady Hammond Rd. (902) 406-3939
OTTAWA1600 Merivale Rd. (613) 224-7817
172 Robertson Rd.(613) 828-1177
1742 Bank St. (613) 521-0234
OWEN SOUND1209 – 16th St., E.(519) 371-5645
PARRY SOUND72 Church St. (705) 746-5656
PICKERING1755 PickeringParkway(905) 427-5330
TIMMINS129 Algonquin Blvd., W.(705) 267-8453
Current Living Lighting Locations:
As Canada’s largest chain of residential lighting stores, our buying power affords the Living Lighting stores enhanced profit margins and a clear competitive edge in the marketplace. Our unique, upscale “fashion lighting and home decor” offering, differentiates us from the competition, as does our commitment to consistently providing our customers with superior service, selection, product knowledge and value.
Competitive Edge
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For more information about a Living Lighting Franchise
Please contact Bruno Piva
Bruno PivaVice [email protected]
416.447.9499 ext 223Toll Free: 1.800.293.4929