Locos Grill & Pub

Sandwiches, salads, wings, burgers, entrees, desserts
Year began: 1988    Franchising since: 1997

290 Research Dr.
Athens, GA 30605

Phone: (706)548-7277
Fax: (706)548-7244

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

Franchisee Association
LDP Independent Owners Group

Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
23
23
21
24
Canadian Franchises
0
0
0
0

Foreign Franchises
0
0
0
0
Company
Owned

3
3
3
3

Where Seeking Franchisees
In the U.S.

Costs & Fees
Total investment: $422K-878.2K
Franchise fee: $35K
Ongoing royalty fee: 4%
Term of agreement: 10 years, renewable
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
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 & Support
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

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#405 (2007); #435 (2006);

Last Updated: 5/8/2008 12:00:00 AM



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