Locos Grill & Pub

Founded: 1988 Franchising since: 1997

290 Research Dr. Athens, Georgia 30605

Phone: (706)548-7277 Franchisee Association LDP Independent Owners Group

Franchisor is a privately-held company with 11 employee(s); 3 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	23	0	0	3
2006	23	0	0	3
2005	21	0	0	3

Where Seeking Franchisees
In the U.S. Alabama, Florida, Georgia, North carolina, South carolina, Tennessee, United states

Total investment: $422K-878.2K Franchise fee: $35K

Ongoing royalty fee: 4% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: 50% of net worth
Business Experience:

• Customer service skills

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)

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

Franchise 500® rank:
#405 (2007); #435 (2006);