Where profitable solutions come to light.creates ambiance and adds beauty and drama to every area of...

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Franchise Information Where profitable solutions come to light.

Transcript of Where profitable solutions come to light.creates ambiance and adds beauty and drama to every area of...

Page 1: Where profitable solutions come to light.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

FranchiseInformation

Where profitable solutions come to light.

Page 2: Where profitable solutions come to light.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

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.

Page 3: Where profitable solutions come to light.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

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

Page 4: Where profitable solutions come to light.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

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

Page 5: Where profitable solutions come to light.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

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

Page 6: Where profitable solutions come to light.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

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

Page 7: Where profitable solutions come to light.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

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

Page 8: Where profitable solutions come to light.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

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