- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$74K - $90K
- Units as of 2017
-
17 15% over 3 years
Company Overview
About Leather Medic
| Industry | Maintenance |
|---|---|
| Related Categories | Leather & Vinyl Repair, Miscellaneous Maintenance Businesses |
| Founded | 1989 |
| Parent Company | Life Ventures |
| Leadership | Chade Life, CEO |
| Corporate Address |
5565 Lee St., #1 Lehigh Acres, FL 33971 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2003 (21 years) |
|---|---|
| # of employees at HQ | 3 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 17 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Leather Medic franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$49,500 |
|---|---|
|
Initial Investment
|
$73,900 - $90,240 |
|
Net Worth Requirement
|
$40,000 |
|
Cash Requirement
|
$40,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
$450/truck/mo. |
|
Term of Agreement
|
7 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Leather Medic offers in-house financing to cover the following: franchise fee, equipment, inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 16 hours |
|---|---|
| Classroom Training | 29 hours |
| Ongoing Support |
Meetings & Conventions
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
|
| Marketing Support |
Regional Advertising
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
|
Can this franchise be run from home/mobile unit?
|
Yes |
|---|---|
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1 |
|
Are exclusive territories available?
|
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Leather Medic.
Chem-Dry Carpet & Upholstery Cleaning
- description
- Carpet, upholstery, wood floor, and area rug cleaning, tile and stone care, granite countertop renewal
Chem-Dry Carpet & Upholstery Cleaning
- description
- Carpet, upholstery, wood floor, and area rug cleaning, tile and stone care, granite countertop renewal
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
'A Lot More Innovation in Store' — Taco Bell's CMO Says 2025 Will Bring Another Live Más Live and a Return to the Super Bowl. Here's the Details.
After a 2024 full of highlights, Taco Bell is gearing up to make 2025 a standout year.
The Top 10 Coffee Franchises in 2024
From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.
From Boxing to Pilates to Personal Training — Explore the Top 15 Fitness Franchises of 2024
Flex your franchise muscle and discover today's powerhouse fitness franchises, where sweat meets success in every rep.
Doner Shack is an Award Winning Franchise in the Multi Billion Dollar Kebab Market!
Doner Shack offers the most advanced kebab operating system in the world. Comparable to the revolutionary conveyor oven in the pizza industry, our robotic kebab machines offer game-changing innovation
Private Equity Giant Blackstone Acquires Jersey Mike's Subs for $8 Billion
This move solidifies Blackstone's ongoing interest in high-growth, fast-casual franchises and marks a pivotal moment for the beloved sub chain.
5 Founders Who Transformed Franchising — And the Powerful Lessons Behind Their Success
Each of these franchise founders faced setbacks that could have ended their dreams. But they pushed through, creating brands that today feel like a part of our daily lives.
