Locali/Localita & The Badasserie
Natural food and deli markets; vegan fast food- 2023 Franchise 500 Rank
-
N/RNot 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
- Founded
- 2008
- Parent Company
- Locali Healthy Franchise
- Leadership
- Melissa Rosen, Founder and CEO
- Corporate Address
-
5825 Franklin Ave.
Hollywood, CA 90028
Business Overview
- Franchising Since
- 2016(7 years)
- # of employees at HQ
- 3
- Where seeking
-
This company is offering new franchisees worldwide.
This company is offering new franchisees 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
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-opsMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsProprietary Software
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaSocial MediaWebsite DevelopmentEmail 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
Interested in ownership opportunities like Locali/Localita & The Badasserie? Request a free consultation with a Franchise Advisor now.
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