Laka USA LLC

At a Glance

Products & Services: Nail-care products and services

Number of Locations: 25

Total Investment: $97.6K - $124.8K

Founded: 2008

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2013 3 1 17 4
2012 1 1 15 4
2011 0 0 12 4
2010 0 0 5 4
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $97,550 - $124,800
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $200,000
Operations
Number of employees needed to run franchised unit: 10 - 12. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: as needed. Annual seminars at corporate headquarters
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, National media, Regional advertising,