Outdoor Lighting Perspectives

Source filing: WI · filed 2026-01-23

Item 5 — Initial franchise fee

$59,500 [p.17 · WI · 2026-01-23]

Item 6 — Recurring fees (royalty & advertising)

Royalty† (1)The greater of: (a) the sum of 7% of Gross Revenue; or (b) the Minimum Royalty of $1,400 per month. If Gross Revenue exceeds $1,000,000, the Royalty Fee will be reduced to the greater of the Minimum Royalty or 5% of Gross Revenue from all sources for the remainder of that calendar year. [p.20 · WI · 2026-01-23]
Individual Advertising InvestmentMinimum $55,000 per calendar year for one Territory. Minimum $100,000 per calendar year if you are granted two contiguous Territories, plus an additional $35,000 per calendar year for each additional contiguous Territory. [p.21 · WI · 2026-01-23]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$180,700 [p.24 · WI · 2026-01-23] $226,500 [p.24 · WI · 2026-01-23]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year135 [p.53 · WI · 2026-01-23]
Franchised outlets at end of year141 [p.53 · WI · 2026-01-23]
Net change in franchised outlets6 [p.53 · WI · 2026-01-23]
Transfers16 [p.54 · WI · 2026-01-23]
Terminations2 [p.57 · WI · 2026-01-23]
Non-renewals0 [p.57 · WI · 2026-01-23]
Ceased operations (other)0 [p.57 · WI · 2026-01-23]
Company-owned outlets at end of year0 [p.53 · WI · 2026-01-23]

Item 19 — Financial performance representation

Headline cohort

All operational franchisees (76 franchisees operating 133 territories) for 12 months ending September 30, 2025 · 12 months ending September 30, 2025

Outlets in sampleAverageMedianHighLow
76 [p.43 · WI · 2026-01-23] $770,468 [p.43 · WI · 2026-01-23] $525,654 [p.43 · WI · 2026-01-23] Not disclosed Not disclosed

All disclosed cohorts (31)

CohortOutletsAverageMedianHighLow
All operational franchisees (76 franchisees operating 133 territories) for 12 months ending September 30, 2025
12 months ending September 30, 2025
76 [p.43 · WI · 2026-01-23] $770,468 [p.43 · WI · 2026-01-23] $525,654 [p.43 · WI · 2026-01-23] Not disclosed Not disclosed
Single-territory franchisees (40 franchisees) for 12 months ending September 30, 2025
12 months ending September 30, 2025
40 [p.43 · WI · 2026-01-23] $665,690 [p.44 · WI · 2026-01-23] $464,036 [p.44 · WI · 2026-01-23] Not disclosed Not disclosed
Multi-territory franchisees (36 franchisees) for 12 months ending September 30, 2025
12 months ending September 30, 2025
36 [p.44 · WI · 2026-01-23] $886,888 [p.44 · WI · 2026-01-23] $697,516 [p.44 · WI · 2026-01-23] Not disclosed Not disclosed
Top quartile of all operational franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
19 [p.43 · WI · 2026-01-23] $1,673,638 [p.43 · WI · 2026-01-23] $1,314,602 [p.43 · WI · 2026-01-23] $2,957,861 [p.43 · WI · 2026-01-23] $1,000,125 [p.43 · WI · 2026-01-23]
Second quartile of all operational franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
19 [p.43 · WI · 2026-01-23] $748,815 [p.43 · WI · 2026-01-23] $733,380 [p.43 · WI · 2026-01-23] $962,550 [p.43 · WI · 2026-01-23] $526,028 [p.43 · WI · 2026-01-23]
Third quartile of all operational franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
19 [p.43 · WI · 2026-01-23] $432,250 [p.43 · WI · 2026-01-23] $434,145 [p.43 · WI · 2026-01-23] $525,280 [p.43 · WI · 2026-01-23] $332,405 [p.43 · WI · 2026-01-23]
Bottom quartile of all operational franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
19 [p.43 · WI · 2026-01-23] $227,170 [p.43 · WI · 2026-01-23] $255,159 [p.43 · WI · 2026-01-23] $321,592 [p.43 · WI · 2026-01-23] $41,795 [p.43 · WI · 2026-01-23]
Top quartile of single-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
10 [p.44 · WI · 2026-01-23] $1,544,751 [p.44 · WI · 2026-01-23] $1,356,580 [p.44 · WI · 2026-01-23] $2,707,613 [p.44 · WI · 2026-01-23] $962,550 [p.44 · WI · 2026-01-23]
Second quartile of single-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
10 [p.44 · WI · 2026-01-23] $587,873 [p.44 · WI · 2026-01-23] $551,367 [p.44 · WI · 2026-01-23] $876,392 [p.44 · WI · 2026-01-23] $468,784 [p.44 · WI · 2026-01-23]
Third quartile of single-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
10 [p.44 · WI · 2026-01-23] $351,712 [p.44 · WI · 2026-01-23] $326,998 [p.44 · WI · 2026-01-23] $459,288 [p.44 · WI · 2026-01-23] $275,240 [p.44 · WI · 2026-01-23]
Bottom quartile of single-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
10 [p.44 · WI · 2026-01-23] $178,425 [p.44 · WI · 2026-01-23] $182,742 [p.44 · WI · 2026-01-23] $268,391 [p.44 · WI · 2026-01-23] $41,795 [p.44 · WI · 2026-01-23]
Top third of multi-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
12 [p.44 · WI · 2026-01-23] $1,594,561 [p.44 · WI · 2026-01-23] $1,161,586 [p.44 · WI · 2026-01-23] $2,957,861 [p.44 · WI · 2026-01-23] $888,260 [p.44 · WI · 2026-01-23]
Middle third of multi-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
12 [p.44 · WI · 2026-01-23] $709,585 [p.44 · WI · 2026-01-23] $697,516 [p.44 · WI · 2026-01-23] $881,072 [p.44 · WI · 2026-01-23] $525,280 [p.44 · WI · 2026-01-23]
Bottom third of multi-territory franchisees for 12 months ending September 30, 2025
12 months ending September 30, 2025
12 [p.44 · WI · 2026-01-23] $356,519 [p.44 · WI · 2026-01-23] $368,862 [p.44 · WI · 2026-01-23] $481,637 [p.44 · WI · 2026-01-23] $216,453 [p.44 · WI · 2026-01-23]
55 reporting franchisees operating at least two years as of December 31, 2024 (benchmarking study)
Year ending December 31, 2024
55 [p.44 · WI · 2026-01-23] $818,812 [p.45 · WI · 2026-01-23] $649,157 [p.46 · WI · 2026-01-23] $2,906,221 [p.46 · WI · 2026-01-23] $127,135 [p.46 · WI · 2026-01-23]
Average retail price per new residential landscape lighting install project for 12 months ending September 30, 2025
12 months ending September 30, 2025
74 [p.50 · WI · 2026-01-23] Not disclosed $4,556 [p.50 · WI · 2026-01-23] $13,855 [p.50 · WI · 2026-01-23] $1,639 [p.50 · WI · 2026-01-23]
Average retail price per holiday lighting project for 12 months ending September 30, 2025
12 months ending September 30, 2025
64 [p.50 · WI · 2026-01-23] Not disclosed $1,776 [p.50 · WI · 2026-01-23] $5,230 [p.50 · WI · 2026-01-23] $307 [p.50 · WI · 2026-01-23]
Average retail price per permanent lighting install project for 12 months ending September 30, 2025
12 months ending September 30, 2025
56 [p.50 · WI · 2026-01-23] Not disclosed $5,395 [p.50 · WI · 2026-01-23] $15,631 [p.50 · WI · 2026-01-23] $1,115 [p.50 · WI · 2026-01-23]
System-wide gross revenue by division for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
Residential lighting revenue for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed $47,702,197 [p.51 · WI · 2026-01-23] Not disclosed
Holiday lighting revenue for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed $7,671,222 [p.51 · WI · 2026-01-23] Not disclosed
Commercial lighting revenue for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed $4,536,403 [p.51 · WI · 2026-01-23] Not disclosed
Total system gross revenue for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed $59,909,823 [p.51 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2018
Fiscal year ending September 30, 2018
Not disclosed Not disclosed Not disclosed $24,939,275 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2019
Fiscal year ending September 30, 2019
Not disclosed Not disclosed Not disclosed $26,593,827 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2020
Fiscal year ending September 30, 2020
Not disclosed Not disclosed Not disclosed $30,087,144 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2021
Fiscal year ending September 30, 2021
Not disclosed Not disclosed Not disclosed $45,515,302 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2022
Fiscal year ending September 30, 2022
Not disclosed Not disclosed Not disclosed $53,685,550 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2023
Fiscal year ending September 30, 2023
Not disclosed Not disclosed Not disclosed $54,893,459 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2024
Fiscal year ending September 30, 2024
Not disclosed Not disclosed Not disclosed $56,494,236 [p.52 · WI · 2026-01-23] Not disclosed
System gross revenue for fiscal year ending September 30, 2025
Fiscal year ending September 30, 2025
Not disclosed Not disclosed Not disclosed $59,909,822 [p.52 · WI · 2026-01-23] Not disclosed
“The following table presents Gross Revenue information realized by certain Outdoor Lighting Perspectives franchisees in the United States during the period between October 1, 2024 and September 30, 2025” [p.43 · WI · 2026-01-23]

Extraction notes