Locos Grill & Pub
At a Glance
Products & Services: Sandwiches, salads, wings, burgers, entrees, desserts
Number of Locations:
Total Investment: $422K - 534.2K
Founded: 1988
Began Franchising: 1997
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $422,000 - $534,200
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $380,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 40. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: 9 weeks. Training seminars : 1-2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Local publicity
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