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Entrepreneur: Start & Grow Your Business

Totally Low Carb Stores Inc.

Low-carb grocery stores

Background

Founded: 2003 Franchising since: 2003
520 S. Sixth St.
Las Vegas, Nevada 89101
Phone:
(800)631-2272


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

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 5-mile radius

Costs and Fees

Total investment: $30K-225K
Franchise fee: $19.5K
Ongoing royalty fee: 3%
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: $250K
Cash liquidity requirement: $160K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 4
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters

Ongoing Support
  • Toll-free phone line
  • Grand opening
  • Security/safety procedures

Marketing Support
  • Ad slicks