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Franchise: Locals Love Us

Initial Investment
LOW:$51,410
HIGH: $81,143
Change in Units
+28.6% +2 UNITS (1 Year)
+900.0% +9 UNITS (3 Years)

Ongoing Support
Meetings
Grand Opening
Internet
Field Operations
Marketing Support
Ad Slicks

Training Onsite: 1 day

Training at headquarters: 5 days

Number of employees required to run: 1

Founded

2005

Franchising Since

2014 (3 Years)

Corporate Address

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

CEO

Nathan Schock

Units (Locations)

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

Financial Requirements

Initial Investment

$51,410 - $81,143

Net-worth Requirement

$75,000 - $100,000

Liquid Cash Requirement

$30,000 - $50,000

Ongoing Fees

Initial Franchise Fee

$19,500 - $19,500

Ongoing Royalty Fee

9%

Ad Royalty Fee

1%

Financing Options

Locals Love Us offers in-house financing to cover the following: franchise fee

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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: July 5th, 2017

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