About Lazy Daisy Franchise
Lazy Daisy is a franchise concept that has been offering franchise opportunities since 2023.
The brand provides a fresh approach to its market segment, combining a distinctive brand identity with an operational system designed to support franchise owners from startup through ongoing growth.
The franchise fee is $25,000.
Lazy Daisy Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 3% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Revenues per calendar month | National brand fund |
| Total Investment Range | $97,000 – $223,260 | Includes build-out, inventory, working capital |
The investment range of $97K–$223K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3% of Gross Revenues) and marketing fee (1% of Gross Revenues per calendar month) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Technology | $5,200 | $8,000 |
| Equipment, Furniture and Fixtures | $4,650 | $5,500 |
| Real Estate | $4,700 | $29,960 |
| Leasehold Improvements | $11,500 | $50,000 |
| Utilities | $600 | $1,000 |
| Signage | $6,000 | $8,500 |
| Start Up Inventory | $11,000 | $19,000 |
| Grand Opening Marketing | $2,500 | $5,000 |
| Staffing | $5,200 | $10,500 |
| Uniforms | $150 | $300 |
| Insurance | $1,500 | $2,500 |
| Travel, Lodging and Meals for Initial Training Program | $3,500 | $5,000 |
| Business Licenses, Permits, Certifications and other Professional Fees | $500 | $3,000 |
| Additional Funds (3 months) | $15,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,500 (part of Business) or $10,000 (entire Business) |
| Renewal Fee | None |
| Technology Fee | $90-$120 per month per terminal; $8.40-$50 per month for third-party scheduling software |
| Audit Fee | Cost of Audit Fees plus interest @ 18% per annum (1.5% per month) up to the maximum interest allowed by law. |
| Interest and Late Charges | 1.5% per month or maximum rate allowed by law, plus $25 |
| Costs and Attorney's Fees | Will vary under circumstances. |
| Indemnification | Will vary under circumstances. |
| Music Subscription Fee | Currently $10-$20 per month |
| Webpage Edits, Updates, Changes, Maintenance and Promotion Fee | Currently at $65-$125 per hour |
| Product, Vendor and Equipment Assessment Fee | $100 per product or vendor; $300 for equipment testing |
| Resale Fee | Varies |
| Temporary Management | Actual Costs |
| Conference Fee | Will vary under circumstances. registration fee for conferences not to exceed $1,000 per person |
| Refresher Training and/or Continuing Education | estimated not to exceed $250 per person per day |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Six hours of self-study, a comprehensive fourteen-day training program at corporate headquarters, and up to an additional five days of onsite assistance. |
| Classroom Training | 85 Hours |
| On-the-Job Training | 56 Hours |
| Training Location | Corporate headquarters in Midlothian, Virginia |
| Additional Training | Refresher and continuing education programs may be provided via phone, webinars, video, or at corporate headquarters, with a registration charge not exceeding $250 per person per day for in-person sessions. Franchisee is responsible for associated travel, room, and board costs. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Up to 4 miles driven in any direction from the Franchised Business |
| Description | The licensed Territory is determined by population, household incomes, competition, demographics, and other conditions important to the successful operation of a Lazy Daisy™ business. The territory size is determined once a location is chosen and approved by the franchisor and will not be altered due to population changes or other factors. Franchisees may not conduct business at other locations but can offer virtual shopping spree services, themed events, and group workshops within their territory. Off-site events outside the territory require written approval from the franchisor. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years from the date of execution of the Franchise Agreement, ending 5 years from the date the Store physically opens for operation |
| Renewal Term | Up to one (1) additional term of five (5) years |
| Renewal Fee | None |
| Renewal Conditions | Written notice of election to renew (12-6 months prior to term end), full compliance with agreement terms, satisfactory performance, satisfaction of monetary obligations, execution of current agreement form, compliance with current qualification and training requirements, and execution of a general release. |
| Transfer Fee | $1,500 (for partial transfer <49% assets) or $10,000 (for entire business transfer >=49% assets) |
| Transfer Conditions | Full compliance with agreement, proposed transferee meets franchisor standards, transferee does not operate similar competing businesses, payment of transfer fee, transferee and manager complete training, substantial compliance with agreement terms, execution of a general release, execution of an assumption agreement, adequate financial resources, upgrade business to current standards, franchisee remains liable for prior obligations, and obtaining necessary consents from lenders/lessors/governmental authorities. |
| Termination for Cause | Material breach of the Franchise Agreement, failure to open the Franchised Business within the required time period, failure to agree on a territory, failure to secure a lease/site, failure to allocate required artisan spaces, failure to attend/complete initial training, abandonment of business, repeated failure to submit financial statements/tax returns or pay fees, operating in a manner that presents safety/health hazard, violation of federal/state/local law, material misrepresentation on application, unauthorized transfer, disclosure of confidential information, failure to maintain minimum artisan space occupancy, unauthorized product/service offerings, unauthorized changes to products/equipment, unauthorized use/copy of confidential information/software, engaging in reverse engineering, manufacturing competing products, acting as exclusive distributor, reckless disregard for well-being of others, failure to maintain insurance, engaging in target marketing outside territory, felony conviction, unfair business practices, failure to discharge liens, bankruptcy, false books/records, or three or more material complaints. |
| Non-Compete Period | During the term of the Franchise Agreement: anywhere. After termination/expiration: 2 years within a 10-mile radius of the Accepted Location or any other System franchise/company-owned business. |
| Non-Compete Details | During the term of the Franchise Agreement, franchisee may not operate a competing business anywhere. For two years following termination or expiration, franchisee may not have any interest in a similar business within a 10-mile radius of the Accepted Location or any other System franchise/company-owned business. Exceptions apply for passive ownership of less than 5% in publicly held corporations. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | A Lazy Daisy™ Business must be under direct, day-to-day, full-time supervision by a Store Manager who has successfully completed the franchisor's training program. The owner is not required to personally manage the store, but a qualified manager must always be in charge. The franchisor has the right to require the Store Manager to be present for inspections and may require a replacement if the manager is not performing duties properly, with the replacement trained at the franchisee's expense. |
| Required Suppliers | Franchisee is required to purchase all bags from the affiliate The Lazy Daisy Country Gift Store, LLC. Franchisee must purchase specific equipment, products, supplies, and services from franchisor, its affiliates, or approved vendors/suppliers. Unapproved vendors/suppliers require written permission. |
| Supply Restrictions | Franchisee cannot purchase unapproved equipment, products, supplies, and services from third-party vendors/suppliers without written permission. Franchisee must purchase items that meet franchisor's specifications, which may change over time. The Lazy Daisy Country Gift Store, LLC is the only approved vendor for bags. |
| Franchisor Revenue from Suppliers | Franchisor may derive revenue through markups, license fees, promotional fees, advertising allowances, rebates, and commissions from approved suppliers, but the precise basis or amount is unknown as they have never been collected. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither the franchisor nor its affiliate currently offers, directly or indirectly, any financing arrangements. They do not guarantee notes, leases, or other obligations. The franchisor may refer franchisees to third parties for financing but does not guarantee qualification or approval. Franchisees are free to accept or reject any referred financing. |
Lazy Daisy Franchise Earnings — Item 19
Lazy Daisy does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Lazy Daisy Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Lazy Daisy System Growth
Lazy Daisy currently operates 0 franchised locations and 8 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 1 | 0 | 4 |
| 2021 | 3 | 0 | 7 |
| 2022 | 1 | 0 | 8 |
Transfers: 0 | Closures: 0
Franchisor Financials (Item 21)
Audited by Divine, Blalock, Martin & Sellari, LLC for year ending December 31.
Lazy Daisy Franchise — FAQ
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