Latex City
- Annabelle Louie Enterprises
1814 Franklin St., # 603
Oakland, CA 94612
-
(510) 839-5462
- (510) 839-2104 (Fax)
Latex City is a 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
Year Established: 1972
Franchising Since: 1986
Operating Units
| Franchised Units |
26 |
86.7% |
| Company-Owned Units |
4 |
13.3% |
| Total Operating Units |
30 |
100% |
Geographic Distribution
| USA |
25 |
83.3% |
In 17 States
|
| Canada |
2 |
6.7% |
In 1 Provinces
|
| International |
3 |
10.0% |
In 0 Foreign Countries
|
| Total |
30 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| California |
3 |
| New York |
3 |
| Oregon |
2 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
6 |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
N/A |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
N/A |
Training
| On-Site |
2 Weeks |
| Plant |
1 Week |
| Headquarters |
3 Weeks |
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
$65K |
| Total Investment |
$85-235K |
| Average Total Investment |
$160K |
Fees
| Initial Franchise Fee |
$15K |
| Average Franchise Fee |
$15K |
| On-Going Royalty |
6% |
| Average Royalty |
6% |
| Advertising Fee |
2% |
Site Information and Requirements
| Average Number of Full-Time Employees |
2 |
| Average Number of Part-Time Employees |
0 |
| Space Needs (in square feet) |
1,000-1,400
|
| Preferred Site Types |
Free Standing Building, Storefront, Strip Center, Regional Mall
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
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Terms of Contract
| Term of Initial Contract |
10 |
| Term of Renewal Period |
10 |
| Passive Ownership? |
Not Allowed |
Area Development
Agreements? |
Yes, for 1 year
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
| Projected New Units Over Next 12 Months |
10 |
| USA |
Yes, All United States |
| Canada |
Yes, Major Cities |
| Overseas |
No |
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