Type of Business
As a Town Pride franchisee, you will operate a specialty retail shop offering a curated collection to include our proprietary brand and others built around a local focus. The Town Pride Franchise model will be a specific and inspired brand that resonates with many different local styles and products. The organization was built by wholesaling product to stores all over the country. Franchisees will be expected to build their store around their local market and will a significant amount of their retail items from the affiliate owned supplier. There are two versions of the Town Pride franchise system, the Full Franchise Model which is a business model built from the ground up and will in most cases be starting a new business under the Town Pride system. The Shop within a Shop Franchise is a add on franchise where the Town Pride franchise is added to a existing business. Franchisees will operate the business under the brand “Town Pride.”
Corporate Information
Town Pride Franchising, LLC is a Delaware Limited Liability Company. They were formed on 4/04/2024.Their principal business address is 756-US Rt1 Ste 2, Yarmouth, ME 04096. They have offered franchises since April 2024.
Investment
The total investment necessary to begin operation of a Full Franchise Town Pride franchise is $108,550 to $185,000. This includes $30,000 for the Franchise Fee and $28,000 to $70,000 for opening inventory that must be paid to the franchisor or affiliate. The total investment necessary to begin operation under a Full Franchise two to five-unit Multi-Unit Development Agreement (including the first unit) is $135,050 to $292,000. This includes $83,500 to $202,000 that must be paid to the franchisor. There is no minimum number of Town Pride units that you are required to develop under the Multi-Unit Development Agreement.
The total investment necessary to begin operation of a Shop within a Shop Franchise Town Pride franchise is $13,500 to $31,000. This includes $5,000 for the Franchise Fee and $5,000 to $15,000 for opening inventory that must be paid to the franchisor or affiliate.
