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P. B. Loco

P.B. Loco peanutbutterlicious cafes are the home of gourmet flavored peanut butter. P.B. Loco developed a line of proprietary flavored peanut butters around which its cafe menu is focused. With peanut butter flavors like Raspberry White Chocolate, Jungle Banana, Asian Curry Spice and European Cafe Mocha, P.B. Loco continues to wow its customers.

Franchisor Background

Year Established:

2004

Franchising Since:

2005

Operating Units:
Franchised Units:	5	71.4%
Company-Owned Units:	2	28.6%
	______	_____
Total Operating Units:	7	100%

Geographic Distribution:
U.S.:	7	100%	In 3 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	7	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Arizona	3
2. Minnesota	2
3. North Dakota	2

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$250K
Cash Investment:	$Varies
Total Investment:	$200-300K
Average Total Investment:	$228K

Fees:
Initial Franchise Fee:	$22K
Average Franchise Fee:	$22K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	1%

Average Number of Employees:

1-2 Full-time, 6-7 Part-time

Space Needs (in square footage):

900-1,400

Preferred Sites:

Regional Mall

Other Sites:

Encourage Conversions?

Not Applicable

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	12
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable

Training:
1. Bloomington, MN	10 Days

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 5 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: