Enhancing outdoor living spaces continues to be on trend, and the demand for quality outdoor lighting is skyrocketing, creating potential for savvy entrepreneurs. Investing in an Outdoor Lighting Perspectives franchise opportunity allows you to capitalize on this growing market, offering a pathway to substantial profits and business growth.
Did you know landscape lighting is a big business? It’s true: the outdoor landscape lighting market in North America is expected to increase by $147.51M by 2026, and the market’s growth momentum will accelerate at a CAGR of 5.22%.
For the right entrepreneur, the outdoor lighting industry represents an exciting opportunity to tap into potential clients’ desires to improve and maintain homes and businesses. Over the course of 25 years, we’ve witnessed the need for energy-efficient landscape lighting continue to grow, with no signs of slowing down.
We’re focused on our clients’ safety, security, and aesthetic needs, which equates to more word-of-mouth referrals and repeat purchases. Outdoor Lighting Perspectives equips franchisees with a ready-made system that provides customized lighting for any property or landscape. Plus, we offer a comprehensive annual maintenance plan to keep our clients’ lighting systems in peak condition.
By understanding the market dynamics and leveraging the support and expertise of a proven franchise system, you can light up your entrepreneurial journey with success when you invest in Outdoor Lighting Perspectives.
Understanding the Market Demand
The growth in outdoor living spaces has been significant, driven by a marked increase in home improvement projects that are centered on enhancing aesthetics and functionality. Today’s homeowners are designating 25 percent or more of their overall remodeling budgets for outdoor living space upgrades, illustrating the industry’s potential.
The surge in interest in creating more inviting and versatile outdoor environments reflects a strong consumer trend toward maximizing the use of outdoor areas. This trend includes a heightened demand for outdoor lighting, which plays a crucial role in not only enhancing the visual appeal of these spaces but also improving safety and security.
Outdoor lighting applications are diverse, ranging from landscape illumination that highlights garden features to pathway lights that ensure safe navigation, and patio lighting that creates a warm and inviting ambiance for social gatherings. These lighting solutions are integral to the overall design of outdoor living areas, making them more enjoyable and functional.
Lighting a Path to Success
If you’re looking for an industry leader, no one does outdoor lighting like Outdoor Lighting Perspectives. We’ve completed more than 150,000 residential installations nationwide by offering turnkey solutions for our clients. Our clients simply sit back and enjoy the beautiful results, and that’s what makes your job as a landscape lighting franchisee so rewarding.
When you invest in Outdoor Lighting Perspectives, you’ll gain access to premium products and benefit from industry-leading training to exceed client expectations every time. We’ve perfected the art of designing, installing, and maintaining world-class lighting systems, and we want to help you do the same by sharing our extensive knowledge and proven processes.
OLP offers franchisees:
- A low investment with robust ROI potential
- Strong gross profit margins
- Impressive average unit volumes (AUVs)
- An easy transition into a franchise model
- A resilient business model
- Recognized brand presence
- The backing of the largest player in the industry
- Three lucrative revenue streams
Financial Insights
The initial investment for an Outdoor Lighting Perspectives territory is between $85,025 and $184,050. This covers your franchise fee of $32,175 to $59,500 and upfront necessities such as:
- A branded vehicle
- Tools and equipment
- Initial inventory
- Start-up marketing and advertising
When you reach out to us, we can provide you with a more accurate estimate of what you can expect to spend initially. We can also help you determine if you qualify for conversion candidate, existing Empower Brands candidate, Veteran, or other discounts. We have contracts with third-party lenders and specialty finance companies to fund the launch of your business if you require financial assistance.
With our proven franchise model, it won’t take long to earn back what you put in. To get an idea of your earning potential, check out the AUVs our franchise owners achieve:
- AUV: Single Territory Franchisees – $614,809
- AUV: Multi-Territory Franchisees – $1,056,174
- AUV: Combined Multi-Territory and Single-Territory Franchisees – $770,585
- Gross Profit Margin (Average) – 53.8%
Benefits of Owning an Outdoor Lighting Franchise
As an Outdoor Lighting Perspectives franchise owner, you’ll gain so much more than just fiscal advantages – you’ll enjoy the benefits of owning an outdoor lighting franchise with proven systems, comprehensive operational support, and advanced training to take your business to the next level.
Here are just a few of the benefits our franchise opportunity provides:
- A Proven Business Model. The OLP franchise business model is designed to build residual income year after year. We’ve included three attractive, high-margin revenue streams to increase revenue and profits: you’ll have design and installation of residential and commercial lighting systems, ongoing annual maintenance plan agreements and service, and turnkey holiday lighting strategies to keep your client base growing.
- Leading Resources, Training, and Support. OLP is dedicated to providing next-level training and support that shines. Our effective lead-gen tools and robust tech platform make running your business easier, and our marketing strategies have led to over $200M in revenue for our franchisees. Plus, our suite of technology tools makes accounting and field operations a breeze.
- Professional Installation and Service. Our attention to detail and client satisfaction sets OLP apart from our competitors. We back our products and workmanship with one full year of service, included with the cost of installation. We also offer ongoing maintenance plans as well as expert troubleshooting on any issues with OLP’s lighting systems.
- Superior Products and Warranty. We use the best, every time. That means only high-quality lighting and components, like heavy-gauge brass and copper fixture housings; the most advanced LED technology; and commercial-grade stainless steel transformers. And we back that up with a limited lifetime warranty. We keep our clients covered from start to finish and beyond.
Illuminate Your Future
As the market for outdoor living space renovations continues to grow, the demand for quality outdoor lighting is soaring, presenting a lucrative opportunity for savvy entrepreneurs. Investing in an Outdoor Lighting Perspectives franchise allows you to capitalize on this growing market by leveraging our support and expertise, paving the way for substantial profits and business success.
Are You Ready to Light Up Your Career? Let Outdoor Lighting Perspectives be the guide that illuminates your path to achieving your entrepreneurial dreams. Reach out today to see where our outdoor lighting franchise can take you.
