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FranchiseVerdict

How Much Does a Locals Love Us Franchise Cost?

Data from the 2024 Franchise Disclosure Document

Investment Summary

Total Investment

$67K – $92K

Franchise Fee

$30K

Royalty

9.0%

Ad Fund

1.0%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Locals Love Us is $30K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Locals Love Us franchise requires a total investment of $67K – $92K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $10K to $24K.

Ongoing Costs

Beyond the initial investment, Locals Love Us franchisees pay ongoing fees. The royalty fee is 9.0% of gross sales (Gross Revenues). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $100.

Net Worth & Liquid Capital Requirements

Locals Love Us requires working capital of $10K – $24K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

Locals Love Us does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

How Do Banks View Locals Love Us?

SBA Loans Issued

1

Default Rate

N/A

The SBA (Small Business Administration) tracks loan performance for franchise brands. Locals Love Us has 1 SBA-backed loans on record. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

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