The Lighting Squad
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.
- Rated AVOID with a risk score of 79/100.
- 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one The Lighting Squad unit return on the cash you put in?
Unlevered ROIC · per unit
96%
Above typical band (30–60%)
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
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.
Score breakdown · what drove the 79 / 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
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
17 numbers
One-time purchase · CSV download · Validation questions included
FDD download
The Lighting Squad · FDD (2022) PDF