Network LEX FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor sells franchises that allow the purchaser to operate a franchise containing multiple chapters within an online and/or in-person business referral network. A franchisee will offer and sell memberships to business owners and tradespeople, through which members receive access to the online network. Members send and receive quality referrals to one another and will pay and receive percentage commission on referrals which result in business revenue.
Network Lead Exchange, LLC is a Florida limited liability company. They were formed on July 23, 2018. Their parent company is UFG Holdings Group, LLC, a Florida limited liability company. Their principal business address is 2121 Vista Parkway, West Palm Beach, Florida 33411. They use the names “Network Lead Exchange, LLC”, “Network LEX”, and “Network Lead Exchange”.
The total investment necessary to begin operation of a NLX Business is $12,450 to $25,245 dependent on the size of the franchise territory. This includes $12,450 to $12,745 that must be paid to the franchisor or affiliate.