By owning a LaRuche Fine European Foods Franchise
LaRuche Fine European Foods is a gourmet seafood boutique for the quality and health conscious consumer. It is a franchise division of LaRuche Imports, Inc., and exclusively features some of the World’s Finest Seafood Products under the LaRuche Brand and The Queen of The Coast® Brand.
We have the exclusive rights to market, established brands like, The LaRuche Brand and The Queen Of The Coast® Brand…The World’s Finest Seafood Products!, produced by Ramirez & Ca. (Filhos), S.A., of Portugal since 1853. Presently there are over forty different healthy seafood products in The Queen Of The Coast® Brand, such as Sardines, Tuna, Tuna Salads, Mackerels, Salmon, etc.
When you become a LaRuche Fine European Foods franchisee, you become family.We train you. We provide marketing, branding and operational support. We will do whatever it takes to help you succeed. You will be in business for yourself but not by yourself.
We have a niche market and some of our products introduce some new categories into this market segment. You get to select the best locations and territories available in this niche market since we just began to issue franchises in 2016.
Our franchise concept is very simple to operate. Our model is completely turn-key. We handle most of the set-up including build-out. We carry only shelf stable products that require no refrigeration. Store hours and management system is structured to be operated by one person or a single family; no staffing required.
Compared to most franchise opportunities the estimated total initial investment required ranges from $200,000.00 to $250,000.00. And this is inclusive of franchise fees, build out/leasehold improvements, fixtures, POS systems and opening stock inventory. For a limited time, we are offering an early bird financing package through a third party for the first 10 franchisees to sign up.
This is a ground floor opportunity to be your own boss. Come let us grow together and build the next big thing. You could be the next big thing.
|TYPE OF EXPENDITURE||LOW AMOUNT||HIGH AMOUNT||METHOD OF PAYMENT||WHEN DUE||TO WHOM MADE|
|Initial Fee (Item 5)||$15,000 for each Franchise store||$15,000.00||As arranged||$15,000 upon signing of the Franchise Agreement||Franchisor|
|Travel & Living Expenses While Attending Initial Training||$250.00||$3,000.00||As Incurred||Before, During & After Training||Vendors, Airlines, Hotels, Car Rental Companies, etc.|
|Real Estate rental & Security Deposit (2 Months)(Note B )||$3,000.00||$10,000.00||As agreed with Landlord||As Arranged||Landlord|
|Build-out/leasehold improvementfee including fixtures, signage, POS systems, digital displays and shelf labeling systems etc. ( Note C )||$130,000.00||$145,000.00||Lump Sum||Within 14 days after signing of the agreement.||Franchisor|
|Software||$134.00||$134.00||As arranged||Every 1st of the month||Software provider|
|Replicated Web site||$19.99 per month||$19.99||As arranged||Every 5th of each month along with the royalty fee.||Franchisor|
|Opening Stock Inventory ( Note D )||$30,000.00||$30,000.00||Lump sum||Four ( 4 ) weeks before scheduled store opening||Franchisor|
|Licenses/permits||$500.00||$1,000.00||As required by licensing authorities||Before Opening according to state, county and local requirements.||State, County, City|
|Grand Opening (Note E)||$1,500.00||$3,000.00||As Incurred within first 90 days||As Incurred within first 90 days||Franchisor/Vendors|
|Insurance (Note F) 1 year.||$600.00||$2,000.00||As Arranged||As Arranged||Insurance Companies|
|Legal/Accounting Fees (Note G)||$500.00||$3,000.00||As Incurred||As Incurred||Lawyer/Accountant|
|Opening Inventory of office Supplies Uniforms, grocery bags , shopping carts etc.||$2,000.00||$5,000.00||As Arranged||As Arranged||Franchisor/vendors|
|Additional funds 3 months (Note H)||$15,000.00||$30,000.00||As Incurred||As Incurred||Third parties. utilities, vendors, landlords etc.|
|Miscellaneous Opening Costs (Note I)||$2,000.00||$5,000.00||As Incurred||As Incurred||Vendors, Suppliers, Utilities, etc.|
1. Ideal Location
3. Lease Terms
4. Shell Condition and Tenant Improvements
The estimated total initial investments required ranges from $200,000. to $250,000. depending on size and location. For a limited time we are offering an early bird financing package through a third party for the first 10 franchisees to sign up
We are restricted by the Federal Trade Commission and various state franchise sales regulations from providing you with specific profit projections. To learn more about actual experiences, we encourage you to speak with existing franchisees during our discovery process.
Forty (40) hours of training including hands on training at a franchise location and support at your store when you open. When you become a LaRuche Fine European Foods franchisee, you become family. We provide marketing, branding and operational support. We will do whatever it takes to help you succeed. You will be in business for yourself but not by yourself.
Every location is different however it takes 3-6 months from when you sign the franchise agreement.
The royalty fees are 6% of gross revenues when in compliance with the franchise agreement and 2% of gross revenues for the marketing fund.
This is not an offer to sell a LaRuche Fine European Foods Franchise. The franchise opportunity is offered only by delivery of a Franchise Disclosure Documents (FDD) to you in compliance with the Federal Trade Commission’s (FTC) franchising rules and various states franchise sales laws.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only and is subject to change without notice. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington. If you are a resident of, or want to establish a franchise in, one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.