The Lighting SquadFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A The Lighting Squad franchise requires a total initial investment of $48K – $91K, including a $30K franchise fee. The 2022 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $48K – $91K
- 6th pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- N/A
- Units
- 2
- 7th pct Home Services
- SBA default
- N/A
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $48K – $91K including a $30K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 64/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- LIGHTING SQUAD FRANCHISING LLC
- Ultimate parent
- Home Run Franchising LLC
- CEO title
- CEO and Founder
- Thomas Scott
- CEO experience
- 22 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- TN
- HQ
- 3212 West End Avenue, Suite 201, Nashville, Tennessee 37203
Overview
About
The Lighting Squad appears to provide residential or commercial lighting installation, maintenance, or retail services. Day-to-day operations likely involve on-site service calls, customer consultations, fixture installation or replacement, and local marketing to build a customer base within a protected territory.
- CEO
- Thomas Scott
- Headquarters
- TN
- Founded
- 2022
- FDD year
- 2022
- States available
- 0
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $8K | $10K |
| Equipment, build-out, other | $10K | $51K |
| Total initial investment | $48K | $91K |
Source: The Lighting Squad 2022 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $48K – $91K
- Better than avg vs category
- Liquid capital req'd
- $8K – $10K
- Better than avg vs category
- Franchise fee
- $30K – $60K
- Better than avg vs category
- Royalty
- Year 1: $750 per month. Year 2: $1,200 per month. Year 3+…
- Ad fund
- $500 per month for a Single Territory
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Year 1: $750 per month, Year 2: $1,200 per month, Year 3+: $1,650 per month |
| Technology fee | $350 |
| Transfer fee | $5K |
| Renewal fee | $5K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How The Lighting Squad Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 5
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage franchise with minimal unit count, undisclosed financials, active litigation involving CEO and regulatory violations, and franchisor viability concerns — extremely high risk for franchisee capital.
Litigation (Item 3)
CEO Thomas Scott self-reported Maryland franchise registration violation by previous affiliate Frost Shades Franchising (Case No. 2021-0171), settled via consent order on December 10, 2021 requiring cease and desist, registration amendment, and rescission offer. Scott also filed lawsuit against former partners Leo Goldberger and Curt Swanson (3:22-cv-00763) on August 24, 2022 alleging fraud and FTC disclosure violations, currently pending.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
No audited financials on file
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 64 / 100 rating
- 01MINOROnly 2 units in system with unknown growth trajectory indicates minimal scale and unproven business model replicability
- 02MEDFinancial performance data (revenue and net income) completely undisclosed — unable to validate ROI on $48,150–$90,500 investment
- 03MINOREscalating royalty structure ($750→$1,200→$1,650 monthly) creates increasing financial pressure on franchisees without performance benchmarks
- 04HIGHGoing concern status is 'False' — suggests the franchisor itself may face operational viability questions
- 05HIGHActive litigation involving CEO (fraud and FTC violations) and administrative proceeding regarding unregistered franchise sales by affiliate raises regulatory and ethical concerns
- 06MINORNo Item 19 (financial performance representations) prevents prospective franchisees from evaluating realistic return expectations
- 07MINORTwo-unit system with unknown growth suggests franchisor may be testing model rather than operating established franchise
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 250,000 |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 15 days |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Nashville, Tennessee |
| Jury trial waiver | Yes |
| Governing law | Tennessee |
| Litigation count | 2 |
View Item 3 litigation summary
CEO Thomas Scott self-reported Maryland franchise registration violation by previous affiliate Frost Shades Franchising (Case No. 2021-0171), settled via consent order on December 10, 2021 requiring cease and desist, registration amendment, and rescission offer. Scott also filed lawsuit against former partners Leo Goldberger and Curt Swanson (3:22-cv-00763) on August 24, 2022 alleging fraud and FTC disclosure violations, currently pending.
Items 10, 11
Training & Operations
- Classroom training
- 28 hrs
- On-the-job training
- 24 hrs
- Training location
- Nashville, Tennessee
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- POS system
- Workiz
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Workiz
Item 20 · call current owners
Franchisee Contacts
17 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Lighting Squad · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Lighting Squad franchise?
The total investment to open a The Lighting Squad franchise ranges from $48K – $91K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Lighting Squad franchise owners earn?
The Lighting Squad does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is The Lighting Squad's franchise failure rate?
SBA 7(a) loan charge-off data is not available for The Lighting Squad (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many The Lighting Squad franchise locations are there?
As of their most recent FDD filing, The Lighting Squad has 2 total units in the United States, including 0 franchised units and 2 company-owned units.
Is The Lighting Squad a good franchise to buy?
FranchiseVerdict rates The Lighting Squad as a C-grade franchise with a risk score of 64 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.