Opening a Lp franchise requires a total investment of $206K - $364K (Item 7 of the 2026 FDD), including a $60K franchise fee, with ongoing royalties of 7% of Gross Revenue. Franchisees disclosed a median unit revenue of $544K in Item 19.
Investment Range
Industry avg: $156K - $287K
Franchise Fee
Industry avg: $52K
Investment Percentile
vs. 254 Home Services franchises
Disclosed ✓ Verified against source FDD
Lp discloses financial performance in Item 19 of their 2026 FDD. The numbers below are extracted directly from the FDD — median is preferred over average because top performers skew the mean upward.
Median revenue
Per disclosed unit
Sample size
11 units
Reporting period
calendar year 2025
Unit segment
franchisees operating in all 12 months of 2025 that provided Profit and Loss Statements
Item 19 data is the franchisor's own disclosure — request the full FDD for percentile detail, year-over-year trend, and per-segment cuts. Always validate with 10-15 calls to existing franchisees listed in Item 20.
See the detailed Fees breakdown page for all franchise costs.
Royalty Rate
Ad Fund Rate
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The investment range disclosed in Item 7 of the franchise FDD covers everything required to open the unit — franchise fee, build-out, equipment, signage, opening inventory, training, and a working-capital reserve. The High end of the range is the realistic budget. Most home services buyers see actual costs cluster within 5-15% of the High range once site-specific real estate and construction costs are factored in.
Item 7 does not include personal living expenses, debt service, or the cost of due diligence (attorney, accountant, validation calls). Plan for an additional 20-30% of the Item 7 High range to cover these gaps. Lenders evaluating an SBA loan for a franchise will look at the High range as the deal size, not the Low.
If Item 19 is disclosed, the franchisor has provided either gross sales averages, profit metrics, or both. Median figures are more reliable than averages — top performers can pull the mean upward by 30% or more. If Item 19 is blank, the franchisor declined to make financial performance representations. Absence of data is itself a signal — call 10-15 existing franchisees from Item 20 and ask directly.
Net worth and liquidity requirements published by are the franchisor's filter for new buyers, not necessarily what your SBA lender will accept. SBA underwriting overlays its own credit, debt-service-coverage, and post-closing liquidity requirements on top. The published numbers are a floor, not a ceiling — many approved franchise buyers carry significantly more capital than the listed minimums.
Data shown is extracted from the 2026 Franchise Disclosure Document filed with state regulators. Fees, investment ranges, and other terms may have changed since this filing. Always request the current FDD directly from the franchisor before making any investment decisions. This information is not financial, legal, or investment advice. Full disclaimer.
$206K - $364K
$60K
7%
64
$544K median
0 cases
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt