Question 1

How much does a LMI New York franchise cost?

Accepted Answer

The initial investment for a LMI New York franchise is detailed in the FDD. The franchise fee is disclosed in Item 5 of the FDD.

Question 2

What is the LMI New York royalty fee?

Accepted Answer

LMI New York charges a royalty fee of See FDD Item 6 of gross sales.

Question 3

Does LMI New York provide Item 19 financial performance data?

Accepted Answer

No, LMI New York does not disclose Item 19 financial performance data in their FDD. Prospective franchisees should contact existing franchisees directly to gather financial information.

Question 4

How many LMI New York franchise locations are there?

Accepted Answer

The number of LMI New York locations is disclosed in Item 20 of the FDD.

LMI New York

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