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Locals Only Gifts and Goods

Locals Only Gifts and Goods is truly a one-of-a-kind retail gift shop and gift box company that showcases carefully curated products made by local artisans.

Interested in Franchise Ownership?
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Locals Only Gifts and Goods
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Locals Only Gifts and Goods Franchise Cost and Requirements for 2024

Background

Locals Only Gifts and Goods provides a unique shopping experience for tourists AND locals alike. This supports a thriving business throughout the year.

Whether it's offering a diverse selection of "that perfect gift" or creating custom gift boxes for corporate gifts, owning a Locals Only Gifts and Goods Franchise will have your heart bursting with pride in a consistently thriving business.

Why Our Franchise?
We have developed a business model that can be run on a slim labor-to-sales budget. Our system also provides you with the tools to select the best candidates and train them to be customer service rock stars!

This easy-to-operate system yields a terrific ROI. Plus, as a Locals Only Franchisee, you are not only providing a living for yourself and your staff members but you are also helping all the small business owners that sell products in your store make a living.

This is the ultimate franchise opportunity for anyone who LOVES where they live and is passionate about making a positive impact in their community!

Company Details

Established: 2015
First Unit Franchised: N/A
Franchised Units: 0
Company Owned Units: 1
States Registered In: Alabama - AL, Arizona - AZ, Arkansas - AR, Colorado - CO, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Louisiana - LA, Massachusetts - MA, Mississippi - MS, Missouri - MO, Montana - MT, Nevada - NV, New Jersey - NJ, New Mexico - NM, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Tennessee - TN, Vermont - VT, West Virginia - WV, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Locals Only Gifts and Goods

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: No
Training:
Phase I -- Training at company headquarters in Chattanooga, TN
Locals Only management will work with franchisees to understand and fully grasp what an ideal location will be for the business. We will provide franchisees with one week of initial training consisting of 12.5 Hours of classroom training and 24.5 hours of on the job training, beginning approximately four weeks before the franchisee is scheduled to open for business. Phase I instruction will pertain to administrative, operational, and sales/marketing matters; it will also include a liberal amount of on-the-job training with the franchisee spending time at the location and working in the day-to-day business itself. This training will be provided for the franchisee and up to two other team members.

Phase II -- Training provided at the franchisee's location:
On-site training typically takes place when the franchisee commences operations of their Locals Only model. An experienced trainer from Locals Only will provide on-site training for a period of four days to assist the franchisee in the commencement of operations.

2024 Franchise Requirements Needed to Own a Locals Only Gifts and Goods Franchise.

What does a Locals Only Gifts and Goods Franchise Cost?

Locals Only Gifts and Goods franchise fees for 2024:

Cash Investment: $162,475 to $268,545
Total Investment: $162,475 to $268,545
Minimum Net Worth: N/A
Franchise Fee: $30,000
Royalty: 5.50%
Ad: N/A
Item 19: No
Average Number of Employees: 6
Visa Candidates: No
Passive Ownership: Yes
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: No

Is Locals Only Gifts and Goods a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Locals Only Gifts and Goods is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Locals Only Gifts and Goods a Home Based franchise?

No. Locals Only Gifts and Goods is not a home based franchise opportunity.

What Do Locals Only Gifts and Goods Franchise Owners Make?

This information is not available. Locals Only Gifts and Goods does not offer an Item 19 in their Franchise Disclosure Document.

Is Locals Only Gifts and Goods a Master Franchise Opportunity?

No. Locals Only Gifts and Goods is not a master franchise opportunity.

Does Locals Only Gifts and Goods Offer a Veteran Discount?

No. Locals Only Gifts and Goods franchise does not offer a veteran discount.

Does Locals Only Gifts and Goods Work with E2 Visa and EB-5 Visa Candidates?

No. Locals Only Gifts and Goods franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Locals Only Gifts and Goods Looking for Franchisees in Canada?

No. Locals Only Gifts and Goods franchise is not looking for Canada franchisees.

Is Locals Only Gifts and Goods Looking for International franchisees?

No. Locals Only Gifts and Goods franchise is not looking for International franchisees.

Where can I see Locals Only Gifts and Goods's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Locals Only Gifts and Goods Franchises for Sale

Click Here to inquire about existing Locals Only Gifts and Goods franchises for sale. We may have Locals Only Gifts and Goods franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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