Locals Love Us

Locals Love Us

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Promoted Opportunities

Locals Love Us

Initial Investment

LOW: $71,510
HIGH: $107,643

Change in Units

+28.6% +2 UNITS (1 Year)
0.0% 9 UNITS (3 Years)

Company Profile

Founded

2005

Franchising Since

2014 (3 Years)

Corporate Address

221 S. Phillips Ave, #201 Sioux Falls, SD 57104

CEO

Nathan Schock

Financials

Financial Requirements

Initial Investment

$71,510 - $107,643

Net-worth Requirement

$100,000 - $150,000

Liquid Cash Requirement

$50,000 - $60,000

Ongoing Fees

Initial Franchise Fee

$26,500

Ongoing Royalty Fee

9%

Ad Royalty Fee

1%

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 1 day

Training at headquarters: 5 days

Ongoing Support
Meetings
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 10th, 2016

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