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A. Finding a suitable location for your franchise operation, build out, and taking care of all matters could probably happen as soon as one month from the time of signing the franchise agreement, however three months is a more reasonable time frame.
A. LGI will assist you with your store build out. Specific design and layout will be discussed with you in advance.
A. LGI Industrial & Construction Supplies locations need only 2,000 - 3000sq/ft. to start. Locations within an industrial park will be the standard as they are closest to our traditional customer base and additionally the rents are usually more reasonable.
A. Most of your sales will be initiated from outside sales calls. Ours is a relationship business where we must show value to other businesses and by being a trusted part of their supply chain. The greatest percentage of our business will come from these market sectors; commercial construction, institutional, government & military and manufacturing companies. The strength of our relationship with these accounts along with the value we provide will allow for strong repeat sales.
A. Initial start-up training will include 5 days classroom training and 5 days practical training at our flagship Maple Ridge Store. One of our corporate trainers will assist you as your new store during the first week of operation. Ongoing support will be provided to help ensure your success.
A. Your franchise operation can operate with only two people to start if you are not bringing existing clientele from previous relationships. If you will be working within your business, one of those two people should be yourself. Usually a third person can be added within the first year.
A. Your franchise will usually only need one vehicle in the beginning. This again, is dependent upon whether the new operation will be starting with any significant business or not. To help reduce costs and increase contact with your customers it is recommended that the owner and or branch manager use their work truck for deliveries.
A. Shipping to your store from LGI Wholesale Supply Inc. will be at your franchised store's expense. We will usually ship on a weekly basis. We have strongly discounted rates with our shipping supply partners for express shipments, as well as LTL shipments, anywhere in Canada. Many savings will be recognized by your franchised business by consolidation of your supply sources. Vendor consolidation reduces costs associated with shipping, requisition, purchasing, and accounts payable time, allowing the people within your franchise operation to remain sales focused.
We have strongly discounted rates with our shipping supply partners for express shipments, as well as LTL shipments, anywhere in Canada.
A. Start-up inventory is dependent on the market requirements and any business you may have to start your franchise operation. While we will offer our suggestions, the precise product mix and the specific amounts of inventory is to be worked out between LGI Franchise Services Inc. and you. Included in your turnkey franchise cost will be a starting inventory of $30K
A. Territories are dependent on the region and can be negotiated with the franchisee.
We appreciate your interest in this once in a lifetime opportunity. Please complete and submit the application form and a member of our franchise team will be in touch with you soon.