Business Description

LE PEEP is a licenser of a breakfast, brunch and lunch concept, featuring an award-winning menu, decor and coffee and juice bar.

Franchisor Background

Year Established:  1992

Franchising Since:  1981

Operating Units:
Franchised Units:	68	93.2%
Company-Owned Units:	5	6.8%
Total Operating Units:	73	100.0%
Geographic Distribution: U.S.: 73 100% In 17 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 73 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Texas	8
2. Georgia	5
3. Colorado	25

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$100-350K
Total Investment:	$150-550K
Average Total Investment:	$250K
Fees:
Initial Franchise Fee:	$0
Average Franchise Fee:	$0K
On-Going Royalty:	3%
Average Royalty:	3%
Advertising Fee:	0%

Average Number of Employees: 10 Full-time, 10 Part-time

Space Needs (in square footage): 2,500-3,500

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	5
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	5
Site Selection Assistance?	No
Lease Negotiation Assistance?	No
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:	At Additional Cost
Field Operation Evaluation:	At Additional Cost
Field Training:	At Additional Cost
Initial Store Opening:	At Additional Cost
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. Denver, CO	8 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 8 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, U.K., France, Australia	Request Franchisor Info   Submit an online form to receive information from Le Peep.