LMI vs Winmark Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of LMI vs Winmark including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
LMI Franchise
Winmark Franchise
Investment $20,000 - $27,500$100,000 - And Up
Franchise Fee $15,000N/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 19802004
Year Franchised 1998-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
LMI Franchise
Winmark Franchise
Experience --

Financing Options
 
LMI Franchise
Winmark Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
LMI Franchise
Winmark Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
LMI Franchise
Winmark Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About LMI

LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

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#189 in Franchise 500 for 2020.

About Winmark

Online resource for FREE critical business information for small business owners, established vendor programs for business critical needs, and financing and leasing options for equipment.
For more than 30 years, Winmark has been at the forefront of the sustainability movement by guiding entrepreneurs interested in opening one of our retail resale brands: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Music Go Round® or Style Encore®. We have made resale retail our business by selecting franchise partners that believe in the model of buying and selling locally sourced, quality used products that bring value to their communities.