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  Home  >>  Clothing & Accessories  >>  Accessories




Furla
389 Fifth Ave., # 700
New York, NY 10016




Submit an online form to receive information from Furla.
Business Description

FURLA designs and sells women's handbags, shoes, belts, small leather goods and related accessories. Our brand is known worldwide through 200+ boutiques around the globe. Our exclusively designed and manufactured products are primarily made in Italy and are priced in better to designer marketplace. Our shops have a distinctive design and are located in upscale retail trade areas.

Franchisor Background

Year Established:  1997

Franchising Since:  1998

Operating Units:

Franchised Units:

24

61.5%
Company-Owned Units:1538.5%
 
Total Operating Units:
39
100.0%
 
Geographic Distribution:
U.S.:2974.4%In 5 States
Canada:12.6%In 1 Canadian Provinces
International:923.1%In 0 Foreign Countries
 
Total:
39
100.1.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California3
2. Florida5
3. New York3

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, New York, Oregon, Virginia, Washington

Financial Requirements

Investment:
Minimum Net Worth: $$400K
Cash Investment:$150-200K
Total Investment:$284-480K
Average Total Investment:$382K
 
Fees:
Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:2%
Average Royalty:2%
Advertising Fee:1%
 
Average Number of Employees: 3 Full-time, 3 Part-time

Space Needs (in square footage): 900-1,200

Preferred Sites: Storefront, Regional Mall

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:2
Formal Education:3
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:7-10 Year(s)
Term of Renewal Period:7-10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 13
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. New York Offices and Stores1 Week
2. Store VisitsOn-going
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, South America, Caribbean Basin, Central America.
Submit an online form to receive information from Furla.