Professional Documents
Culture Documents
Mission Statement
Operating a successful franchise requires talent, dedication, and a sincere commitment to the
Loooop brand name. Our goal as a company is and always has been to partner with the best
people in each market .
Because franchisees are so important to our success, we are looking to expand our relationship
with qualified individuals who possess the right mix of expertise and enthusiasm. We are looking
for candidates who possess each of the following characteristics:
1.Solid business experience
2.Personal record of success in business, preferably retail.
3.Has demonstrated an ability to recruit, develop and train an organization from the ground up.
4 Understands the franchise system and is willing to work within it.
5 Aggressive in the pursuit of success with a well developed brand, yet cooperative with franchisor and other
franchisees.
6. Commitment to grow with Loooop
7.Net worth of $70000 and $25000 USD liquid assets
Franchise Fees
INITIAL INVESTMENT
You must pay us an application processing fee of $2000USD upon submission of the
Financial Information required if you were preliminarily chosen as a qualified candidate
based on the information provided on the Personal Profile form. The application processing
fee is deemed fully earned upon payment and is NON-REFUNDABLE unless we reject your
application. If your application is rejected, we will refund the fee to you less any expenses
(including any sales commissions) we have incurred in connection with the application.
After approval of your application, you will have 90 days to submit a proposed shop site
before your application expires. You must sign the Franchise Agreement not earlier than 5
business days and not later than 15 business days after our approval of your proposed site
or your application may be terminated.
On the date you sign the Franchise Agreement, you must pay us $15,000 USDof the
$20,000USD initial franchise fee. We will credit your application fee against this $15,000
USDpayment. The remaining amount of the initial franchise fee is due no less than 20 days
prior to the date on which your shop opens for business. Each portion of the initial franchise
fee is deemed fully earned upon payment and is NON-REFUNDABLE. None of the fees
referred to above are refundable under any other circumstances.
Selection Process