Business Description

Since 1982, Lemstone has been helping Christians own, operate and succeed in Christian retailing. Our franchise concept provides a 'road map for success' for Christian retailers who possess a heart for people and an entrepreneurial spirit. We currently have over 75 stores in 27 states. Lemstone stores are located in premier regional malls within growing markets. Our stores enjoy maximum market exposure every day as thousands of customers shop.

Franchisor Background

Year Established:  1981

Franchising Since:  1982

Operating Units:
Franchised Units:	63	96.9%
Company-Owned Units:	2	3.1%
Total Operating Units:	65	100.0%
Geographic Distribution: U.S.: 65 100% In 27 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 65 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Illinois	7
2. Ohio	8
3. Tennessee	8

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$350K
Cash Investment:	$60K
Total Investment:	$150-240K
Average Total Investment:	$195K
Fees:
Initial Franchise Fee:	$30K
Average Franchise Fee:	$30K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	1%

Average Number of Employees: 1 Full-time, 4 Part-time

Space Needs (in square footage): 1,300-2,000

Preferred Sites: Regional Mall

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	2
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	2
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	14
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
1. Headquarters	8 Days
2. On-Site	5 Days
Expansion Plans
Projected New Units Over Next 12 months: 12 U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Lemstone Books.