Job Description: Operating Partner‍
Long Island Franchise Holdings (LICo)
Long Island, NY • Equity Opportunity • Retail / Resale
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About the Company‍
Long Island Franchise Holdings (LICo) is a family-backed private equity holding company building a
portfolio of de novo resale franchise retail locations across Long Island and the Northeast. We have
partnered with one of the fastest-growing retail concepts in the United States — a proven franchise
brand at the forefront of the secondhand economy. This is an owner-operator model with
meaningful equity participation for the right partner.
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This is a rare chance for an aspiring independent sponsor, searcher or retail operator to co-own and
co-manage a growing group of stores under institutional support, without the constraints of a
traditional PE structure.
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About the Role‍
The Operating Partner will serve as a day-to-day leader and and builder of of co-located resale
stores, working directly alongside the founding family to build a chain of resale fashion exchanges.
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Key responsibilities include‍
• Partner with ownership on site selection, build-out planning, and franchise compliance
• Oversee daily store operations across multiple locations, ensuring brand standards and
customer experience
• Lead, hire, and develop store-level teams and managers
• Drive revenue, manage inventory flow, and optimize unit economics
• Build systems and processes to support a multi-unit retail platform
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Ideal Candidate‍
• Proven retail or franchise operator with multi-unit experience
• Passion for fashion, resale, and the growing recommerce market
• Entrepreneurial mindset — comfortable building
• Independent sponsor mentality: motivated by ownership, not just salary
• Strong people leader with a track record of building teams
• Based on or willing to relocate to Long Island, NY
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Compensation‍
Compensation is structured as a combination of base salary, discretionary bonus and ability for
long-term participation in the company via profit share and/or equity.