Le Village Marché franchise
2023 filing · April 28, 2023Shares sales figures
Le Village Marché at a glance
A gift boutique selling bath and body products, kitchen and bar accessories, women's accessories, baby gifts and seasonal décor. At the end of 2022 there were 1 Le Village Marché locations in the US, all company-owned.
The business
- Industry
- Retail
- Franchisor
- Le Village Marche Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Arlington, Virginia
- Typical size
- 1,200–1,800 sq ft
What you pay
- Cost to open
- $166K–$253K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus 1% to the brand development fund
- Brand fund
- 1%
- 1% of gross sales, paid weekly; it can rise to 3%
- Renewal fee
- See terms
- 10% of our then current Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 2 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Virginia
From Le Village Marche Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Le Village Marché among all franchises with the same figure.
| Figure | Le Village Marché | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $209,855 | Costs less than 68% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Le Village Marché franchise costs
Opening one Le Village Marché costs an estimated $166,406 to $253,303. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are initial inventory ($38,000 to $56,000) and initial franchise fee ($40,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Construction and Leasehold Improvements | $12,500 | $20,000 | |
| Lease Deposits – Three Months | $20,503 | $30,754 | |
| Furniture, Fixtures and Equipment | $14,518 | $33,826 | |
| Signage | $1,078 | $5,000 | |
| Computer, Software and Point of Sales System | $2,733 | $5,657 | |
| Grand Opening Marketing | $7,500 | $10,000 | |
| Initial Inventory | $38,000 | $56,000 | |
| Utility Deposits | $185 | ||
| Insurance Deposits – Three Months | $192 | $575 | |
| Travel for Initial Training | $1,000 | $3,100 | |
| Professional Fees | $6,300 | $13,500 | |
| Licenses and Permits | $150 | $300 | |
| Additional Funds – Three Months | $21,747 | $34,406 | |
| Total | $166,406 | $253,303 | |
Source: Le Village Marche Franchising, LLC, 2023 filing, page 17
Le Village Marché franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Le Village Marche Franchising, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus 1% to the brand development fund. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly; it can rise to 3%. |
| Technology | Up to $500 per month |
| Renewal | 10% of our then current Initial Franchise Fee |
| Additional Employee Initial Training | Our then current training fee, currently $500 per person per day |
| Franchisee Directed Local Marketing | 1% of Gross Sales or $500 per month, whichever is greater |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Le Village Marche Franchising, LLC, 2023 filing, page 12
Other fees as filed, from pages 12–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Le Village Marché publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Le Village Marche Franchising, LLC, 2023 filing, page 48
How Le Village Marché compares
Of the 302 retail franchises on this site, Le Village Marché is the 118th cheapest to open and the 270th largest by number of locations.
| Figure | Le Village Marché | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $166K | $198K | $222K |
| Cost to open, high end | $253K | $425K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 6% | 5.7% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 1 | 38 | 21 |
| Shares earnings figures | Yes | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Le Village Marche Franchising, LLC, 2023 filing, page 51
Where Le Village Marché locations are
At the end of 2022, Le Village Marché had locations in 1 state. The most are in Virginia.
- Virginia1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Virginia | 0 | 1 | 1 |
Source: Le Village Marche Franchising, LLC, 2023 filing, page 52
Who owns Le Village Marché?
Le Village Marché franchises are sold by Le Village Marche Franchising, LLC. Its filing names no parent company.
From Le Village Marche Franchising, LLC’s 2023 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Le Village Marche Franchising, LLC, 2023 filing, litigation on page 10, bankruptcy on page 10
Le Village Marché filings
The figures on this page come from Le Village Marche Franchising, LLC’s 2023 filing, issued April 28, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 28, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
