# LG AS Franchisor LLC

> LG AS Franchisor LLC (founded 2019) is a Hospitality & Travel franchise with 40 units. Franchise fee $35,000, total investment $193,100–$1,765,100, Item 19 financial performance disclosed.

**Last updated**: 2026-06-05
**URL**: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md

## Quick Verdict

**Best for:** LG AS Franchisor LLC fits first-time franchise buyers looking for an emerging hospitality concept.

**Strengths**

- Discloses Item 19 financial performance
- No disclosed Item 3 litigation

**Risks**

- Item 4 bankruptcy disclosure
- No exclusive territory — franchisor can open nearby

## Key Facts

- **Industry**: Hospitality & Travel
- **Year founded**: 2019 (7 years in business)
- **FDD year on file**: 2026
- **Units (Item 20)**: 40 total franchised; 4 opened in most recent year; 0 closed in most recent year
- **Closure ratio**: 0.0% (annual closures ÷ current franchised units — this is a system-level signal, not a cohort survival rate)
- **Company-owned units**: 27
- **Item 19 (financial performance representation)**: Yes

## Investment

- **Franchise fee**: $35,000
- **Total initial investment**: $193,100 – $1,765,100
- **Ad fund**: 2% of Gross Room Revenues per month

## Item 19 Financial Performance

- **Sample size**: 12 units
- **Unit segment covered**: Established Franchised Hotels
## Direct Competitors

| Metric | **LG AS Franchisor LLC** (this brand) | DZE Franchisor, LLC (Similar price) | CP Franchising, LLC (Biggest system) | TA Franchise Systems LLC (Top-rated) |
| --- | --- | --- | --- | --- |
| Franchise fee | $35K | $350 | $11K | $130K |
| Total investment | $193K–$1.8M | $187K–$1.9M | $2K–$21K | $1.1M–$34.4M |
| Royalty | — | — | 1.5% to 3.0% | 2.0% to 4.5% |
| Total units | 40 | 4 | 3,125 | 186 |
| Item 19? | Yes | No | No | No |


## Risk & Legal Signals

- **Disclosed lawsuits (Item 3)**: 0
- **Item 4 bankruptcy**: yes — disclosed in the most recent FDD
- **Territory protection (Item 12)**: no exclusive territory — franchisor may open or grant additional units inside or adjacent to your trade area
- **Initial agreement term**: 20 years

## Frequently asked questions

**Q: How much does a LG AS Franchisor LLC franchise cost?**
A: LG AS Franchisor LLC requires a $35,000 initial franchise fee and a total initial investment range of $193,100–$1,765,100, per the most recent FDD on file.

**Q: Does LG AS Franchisor LLC disclose financial performance (Item 19)?**
A: Yes. LG AS Franchisor LLC discloses Item 19 financial performance representations in its FDD. See the franchise's financials sub-page for the disclosed figures.

**Q: What ongoing fees does LG AS Franchisor LLC charge?**
A: Franchisees pay an advertising fund contribution of 2% of Gross Room Revenues per month on gross sales or revenue as defined in Item 6 of the FDD.

**Q: How many LG AS Franchisor LLC locations are there?**
A: LG AS Franchisor LLC's most recent FDD reports approximately 40 total franchise units in the system. See the franchise's growth sub-page for the full opens/closes breakdown and year-over-year trend.

**Q: Does LG AS Franchisor LLC grant exclusive territory?**
A: No. LG AS Franchisor LLC does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.

**Q: What are the renewal and exit terms?**
A: Per the FDD, LG AS Franchisor LLC discloses an initial agreement term of 20 years, a renewal fee of $35,000, a transfer fee of $10,000. Review Items 10 and 17 for the full renewal and termination provisions.

## Source

Data on this page is extracted from LG AS Franchisor LLC's 2026 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436.
- **Filing regulator**: Wisconsin Department of Financial Institutions (WI)
- **Regulator search URL**: https://apps.dfi.wi.gov/apps/FranchiseEFiling/activeFilings.aspx
- **FDD year**: 2026
- **Extraction pipeline**: pdfplumber text extraction + Claude AI structured field extraction, validated against the canonical Item 5/6/7/19/20 sections.

## Available Reports

- **Free Tier 1 summary**: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- **Tier 2 personalized 12-section deep-dive report**: $4.99 (or $9.99 for a 3-pack of 3 reports — purchased on the franchise page)

## Related

- Browse other Hospitality & Travel franchises: https://vetmyfranchise.com/franchises/hospitality-and-travel?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Compare side-by-side: https://vetmyfranchise.com/compare?slugs=lg-as-franchisor-llc&utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Fees deep dive: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc/fees?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Item 19 financials: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc/financials?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Growth & Item 20: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc/growth?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md
- Industry benchmark: https://vetmyfranchise.com/franchise/lg-as-franchisor-llc/vs-industry?utm_source=claude&utm_medium=ai_referral&utm_campaign=vmf_agent_md