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Latex City
1814 Franklin St., # 820
Oakland, CA 94612
800#:
Tel: (510) 839-5462
Fax: (510) 839-2104
E-Mail: [email protected]
Web Site: www.latexnovelty.com
Contact: Mr. Peyton A. McKee, President
Unique ground-floor specialty retailing opportunity in booming latex novelty aid business. Complete line of proprietary products. Turn-key package includes lease negotiation, fully stocked inventory, in-store merchandising/display. On-going support. LATEX CITY is ideal for aggressive couples. This is not smut - but a highly profitable, high-margin, fully legal business.
Franchisor Background
Established: 1972
First Franchise: 1986
Franchise Units: 26
Company-Owned Units: 4
Total Units: 30
Distribution:
U.S. -- 25;
Canada -- 2;
International -- 3
-North America -- Operations in 17 States, 1 Province
-States/Provinces with Greatest Density: 3 in CA, 3 in NY, 2 in OR
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,000-1,400 SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $65K
Total Investment: $85-235K
Average Total Investment: $160.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 6
On-Going Support: A,B,C,D,G,H (Click here for an explanation)
Training: 3 Weeks Headquarters; 1 Week Plant; 2 Weeks On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: Major Cities
Overseas: No
Note: NR = No Response by Franchisor.
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