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Franchisee Contacts Former Franchisees

Franchise Information

Source: File #1353501278
FDD Issued: May 7, 2025
Extracted: Feb 13, 2026
Franchisor Details
Name: LG AS Franchisor LLC
Parent: LGAS Brand Parent LLC
Address: 10801 Monroe Road, Suite 200, Matthews, NC 28105
Phone: 9803688100
Franchising Since: 2020
Industry & Qualifications
Industry
Hospitality
Franchise Fee
$40,000 - $47,500
Royalty
5.0%
Ad Fund: 3.0%
Total Investment
From $7.53M
Outlet Information
Total Outlets
38
Franchised
15
Company-Owned
23
Opened (Last Year)
+15
Closed (Last Year)
-0
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
0
Transfers
0
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Item 19 provides hotel performance metrics (Occupancy Rate, ADR, RevPAR, RGI) an...
Unit Economics
Gross Margin
64.6%
Labor Cost
35.4%
Legal History
Litigation: None
Bankruptcy: Yes
Adam Binder, Director of Franchise Operations, filed a personal Chapter 7 bankruptcy petition on Aug...
Number File name Source State Filing Date Actions
636344 636344_lg-as-franchisor-llc.pdf WI View · Download
639131 639131_lg-as-franchisor-llc.pdf WI View · Download
639134 639134_lg-as-franchisor-llc.pdf WI View · Download
94659153 MN_31390-202404-07_lg-as-franchisor-llc.pdf MN Jul 23, 2024 View · Download
421327792 MN_31388-202404-12_lg-as-franchisor-llc.pdf MN Jun 12, 2024 View · Download
459837496 MN_34165-202505-11_lg-as-franchisor-llc.pdf MN Jul 7, 2025 View · Download
476102032 MN_31390-202404-10_lg-as-franchisor-llc.pdf MN Jul 23, 2024 View · Download
727141662 MN_34165-202505-10_lg-as-franchisor-llc.pdf MN Jul 7, 2025 View · Download
967454316 MN_31388-202404-07_lg-as-franchisor-llc.pdf MN Jun 12, 2024 View · Download
1120940264 MN_34165-202505-08_lg-as-franchisor-llc.pdf MN Jul 7, 2025 View · Download
1255851118 MN_34166-202505-08_lg-as-franchisor-llc.pdf MN Jun 6, 2025 View · Download
1353501278 MN_34165-202505-07_lg-as-franchisor-llc.pdf MN Jul 7, 2025 View · Download
1632904471 MN_31388-202404-11_lg-as-franchisor-llc.pdf MN Jun 12, 2024 View · Download
1709591113 MN_34166-202505-07_lg-as-franchisor-llc.pdf MN Jun 6, 2025 View · Download
Showing 51–64 of 64 files.
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