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LOCALS OPERATING COMPANY

AutomotiveTerritory: Exclusive territory

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Key figures

Initial franchise fee$29,500
Total investment (Item 7)$91,833 – $91,833
Royalty (Item 6)9% of gross sales
Franchised units (Item 20)10 (Item 20, p.30)
Brand websitehttps://www.ftc.gov

About LOCALS OPERATING COMPANY

The Franchisor and Related Parties The Locals Love Us concept dates to 2005 when Eric Holman, the originator of the Locals Love Us concept, founded and operated a business similar to the franchise offered in the Sioux Falls, South Dakota, area in January of 2005, under the name “The Local Best.”… TERRITORY (Item 12): this franchisor grants an exclusive territory as described in its FDD.

Territory — what the FDD says (Item 12)

Exclusive territory — classified from Item 12, p.23 of the brand's FDD

Under this brand's Item 12 rule, the franchisor grants an exclusive territory: while your agreement runs, the franchisor may not place another franchisee — or operate a competing company unit — inside your territory's boundaries (subject to the carve-outs in the FDD). Areas inside an existing franchisee's territory are therefore not available to a new buyer.

The FDD's own words (Item 12): “this franchisor grants an exclusive territory as described in its FDD.”

Next steps with LOCALS OPERATING COMPANY

Put LOCALS OPERATING COMPANY on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.