P. B. Loco ®
Yes, we actively support the inclusion and development of minority-owned franchises in the P. B. Loco ® system.
P. B. Loco ®
2124 University Ave. W.
St. Paul, MN 55114
800#:
Tel: (651) 641-1422
Fax: (888) 729-1937
E-mail: contact@pbloco.com
Web Site: www.pbloco.com
Contact: Mr. Ken Hall, Chief Executive Officer
P. B. LOCO® peanut butterlicious cafes are the home of gourmet-flavored peanut butter. P. B. LOCO® developed a line of proprietary-flavored peanut butters around which its café menu is focused. With peanut butter flavors like raspberry white chocolate, jungle banana, Asian curry spice and European café mocha, P. B. LOCO® continues to wow its customers.
Franchisor Background
Established: 2003
First Franchise: 2004
Franchise Units: 5
Company-Owned Units: 2
Total Units: 7
Distribution:
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: 3 in AZ, 2 in MN, 1 in NJ
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1-2 FT, 6-7 PT (FT = Full Time, PT = Part Time)
Space Needs: 900-1,400 SF; RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $Varies
Total Investment: $118.4-399.1K
Average Total Investment: $258K
Minimum Net Worth: $250K
Fees
>Franchise: $22K
>Average Franchise Fee: $22K
>Royalty: 5%
>Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
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
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 12
On-Going Support: C,D,E (for an explanation click here)
Training: 10 Days Bloomington, MN.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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