Life Saver Pool Fence Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$14,708 - $105,998
Total US Locations
10
Business Summary
LIFE SAVER FRANCHISING, INC. operates a LSPF Business that specializes in selling and installing high-quality, safe pool safety products for residential customers. This includes removable mesh pool fences, pet fences, and other related pool barrier products and services. The business uses a proprietary system for marketing, sales, and installation.
Corporate History
LIFE SAVER FRANCHISING, INC. was formed as a Florida corporation in October 2022 and began offering franchises in February 2023. While the franchisor itself does not operate businesses of the type offered, its affiliate, Life Saver Pool Fence Systems, Inc. (LSPF Inc.), manufactures pool fence products and manages a network of LSPF Dealerships. Another affiliate, South Florida Pool Fence LLC (LSPF South Florida), operates an LSPF Business in Palm Beach County, Florida.
Financial Overview
Investment Range
$14,708 - $105,998
Franchise Fee (High)
$35,000
Royalty %
3%
Marketing %
1%
Equipment Costs (Low)
$2,968
Equipment Costs (High)
$30,668
Working Capital
$6,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The franchisor's financial condition, as reflected in its financial statements, raises questions about its ability to provide services and support to franchisees. In 2024, Life Saver Franchising Inc. reported total assets of $76,472 and total liabilities of $1,445,989, resulting in a negative members' equity (deficit) of ($1,369,517). The company also incurred significant net losses of ($1,072,298) in 2024 and ($398,719) in 2023. The auditors confirmed that management is required to evaluate whether there are conditions or events that raise substantial doubt about the company's ability to continue as a going concern.
Financing Details
LIFE SAVER FRANCHISING, INC. does not offer any direct or indirect financing to its franchisees. Franchisees are responsible for securing their own financing and the franchisor does not guarantee any notes, leases, or obligations.
Performance Metrics
Total US Locations
10
Franchised Units
9
Corporate Units
1
Franchising Since
2023
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
LIFE SAVER FRANCHISING, INC. has no litigation to report, as no litigation is required to be disclosed in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
LIFE SAVER FRANCHISING, INC. has no bankruptcy history to report, as no bankruptcy is required to be disclosed in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
5 years
Renewal Term
5 years
Renewal Conditions
To renew, Life Saver Franchising Inc. franchisees must be in good standing, meaning they are not in default of their franchise agreement. They must provide written notice of their intent to renew within the last year of the term, at least 180 days before expiration. Franchisees will need to sign the franchisor's then-current form of franchise agreement and other related documents, including a general release of claims against the franchisor. A successor franchise fee of $3,000 is required, and franchisees must remodel or upgrade their LSPF Business to meet the franchisor's current standards and specifications.
Training & Support Program
Franchisor Assistance
LIFE SAVER FRANCHISING, INC. provides pre-opening assistance by approving the franchisee's home office or warehouse location, providing access to operation manuals, and furnishing specifications for required goods and services along with a list of approved suppliers. The franchisor also provides an initial training program and instructions for an opening marketing campaign. After opening, franchisees receive ongoing guidance and assistance with system standards, marketing, sales, employee training, local advertising development, and market trends. The franchisor may also offer periodic additional or refresher training programs, and provide on-site assistance for a fee.
Initial Training Hours
45
Training Location
Training Center in Delray Beach, FL
Ongoing Support
After opening, LIFE SAVER FRANCHISING, INC. franchisees receive ongoing guidance and assistance with system standards, marketing and sales of products and services, coordination of LSPF Business activities, establishment and conduct of employee training programs, and development and implementation of local advertising. The franchisor also provides information dealing with product and service trends. Optional support includes periodic additional or refresher training programs for franchisees or their managers, additional on-site assistance within the franchisee's territory for a daily fee, and Manager Training for replacement managers, also for a fee. Franchisees may also be required to attend an annual convention.
Franchise Requirements
Ideal Candidate Profile
LIFE SAVER FRANCHISING, INC. seeks qualified and capable candidates who are committed to actively managing all aspects of their LSPF Business as an owner/operator. If the owner is a business entity, their principal owner must be actively involved or an approved manager must oversee operations. The franchisor also requires that the franchisee's spouse sign a guarantee making them liable for all financial obligations under the franchise agreement. Candidates should be prepared to meet minimum sales performance levels.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Hands-On
Territory Type
Protected
Staff Count
2
Territory Size Requirements
Each LIFE SAVER FRANCHISING, INC. territory is a geographic area defined by U.S. ZIP Code boundaries. The territory must contain a minimum of 100,000 households with an average Household Income of $100,000 or greater. Franchisees must reside within their designated territory.
Staffing Notes
LIFE SAVER FRANCHISING, INC. requires franchisees to engage an installation helper no later than the 25th month of operation. Franchisees are responsible for meeting staffing levels, ensuring qualifications, providing training, and adhering to dress and appearance standards for employees. The franchisor also requires franchisees to conduct background and credit checks on their employees and independent contractors. All personnel are expected to comply with occupational health and safety regulations, including worker's compensation and workplace safety standards.