Locos Grill & Pub vs Milio's Sandwiches Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Milio's Sandwiches including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$575,400 - $1,960,000 | $180,000 - $500,000 |
Franchise Fee |
$35,000 | $30,000 |
Royalty Fee |
4% | 6% |
Advertising Fee |
- | 3.5% |
Year Founded |
1988 | 1989 |
Year Franchised |
1997 | 2005 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Customer service skills | We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! Food industry experience a plus.
*Liquid Capital Required: $100,000
*Net Worth Required: $150,000 |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Locos Grill & Pub
A lot of us grow up dreaming maybe we could own our own business one day.
And a lot of us think about how fun it could be if that business was a
restaurant. What keeps us from executing that dream? Money?
Not knowing where to start? Not understanding what to do first, last and everything in between?
Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.
We will walk you through the entire process from site selection to design
hiring and training a staff and be right beside you when you open and
get comfortable being your own boss!
With 33 years of experience, why would you go anywhere else?
We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both.
As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance.
A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.
About Milio's Sandwiches
We're Hot! It might be cold-cuts, but our industry is hot. Sandwiches are the fastest growing category, with sales of quick serve restaurants specializing in sandwiches reaching over $10 billion. The average American eats 193 sandwiches per year and visits a franchise sandwich store an average of 2.5 times per week.
What makes the typical Milio's franchise so terrific? The secret's in the sub! We start with the highest quality meats and cheeses. Add onions, lettuce and tomatoes. Even our bread is baked fresh daily, right in each store. It's simple for customers to order from Milio's. A streamlined system keeps store operations simple for our team members. Our franchise program simplifies business ownership for qualified, motivated individuals. We are currently looking for new franchisees throughout Minnesota, Wisconsin, Iowa, Illinois and Nebraska; fulfill your dream of owning your own business with this tremendous franchise opportunity.
Here's what makes Milio's Sandwiches a great opportunity for you:
*Tremendous locations available
*Sandwich segment in a state of explosive growth
*Consumers eat sandwiches 2.5 times a week
*Turnkey operations
*Training and support from experts
*Proven systems
Training & Support: The systems, training and support to get you going...and keep you growing.
The Milio's franchise program gives you the tools, instruction and guidance to be able to open a location of your own and to continue to strengthen business in the years to come.
Here's what you'll receive:
*Use of the Milio's name and logo.
*Assistance in site selection, restaurant design and initial recruitment.
*Training in management, marketing, food preparation and customer service.
*Ongoing operational and promotional support and consultation.
*Ongoing development of new menu items, vendor sourcing and operational techniques.