- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$163K - $532K
- Units as of 2018
-
4 33.3% over 3 years
Company Overview
About Locali/Localita & The Badasserie
Industry | Food |
---|---|
Related Categories | Miscellaneous Food/Beverage Businesses, Miscellaneous Quick-Service Restaurants, Vegan Food |
Founded | 2008 |
Parent Company | Locali Healthy Franchise |
Leadership | Melissa Rosen, Founder and CEO |
Corporate Address |
5825 Franklin Ave. Hollywood, CA 90028 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2016 (8 years) |
---|---|
# of employees at HQ | 3 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
# of Units | 4 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Locali/Localita & The Badasserie franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$162,750 - $532,000 |
Net Worth Requirement
|
$750,000 |
Cash Requirement
|
$250,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1-2.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Locali/Localita & The Badasserie has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 197 hours |
---|---|
Classroom Training | 111 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Proprietary Software
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Social Media
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 4-12 |
Are exclusive territories available?
|
Yes |
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