Franchise Spotlight
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Franchise owners enjoy a rewarding career helping others make a meaningful impact on people's lives, serving the aging population in their home. We sell and rent ramps and other accessibility solutions to people wishing to remain in their homes rather than go to a nursing home.
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Caring Senior Service gives individuals the opportunity to develop a lucrative business in the non-medical homecare industry while making positive changes in the lives of seniors and their families.
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IKOR presents franchisees with the chance to own a successful business and pursue a passion for healthcare that will make a lasting positive impact in the world. Franchisees benefit from the full backing of the IKOR organization with years of reliable and professional experience.
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The popularity of the Bikinis concept stems from our unbeatable combination of great sporting events, great food not typically found in other sports bars, and—of course—great views. So, get off the bench and get in the game!
Verlo Mattress Factory Stores
- FWR, LLC
Milwaukee, WI 53202
- (800) 229-8957 x 101 / (414) 585-8900
- (920) 568-3140 (Fax)
- Ms. Jennifer Roethe, Director of Franchise Administration
- [email protected]
VERLO MATTRESS FACTORY STORES is the nation's largest CRAFTSMAN DIRECT retailer. Each franchise assembles custom-made mattresses to the customer's specifications. Our business model appeals to the multi-unit master because owners can penetrate markets quickly and cost-effectively.
Franchisor Background
Year Established: 1958
Franchising Since: 1989
Operating Units
| Franchised Units | 32 | 80.0% |
|---|---|---|
| Company-Owned Units | 8 | 20.0% |
| Total Operating Units | 40 | 100% |
Geographic Distribution
| USA | N/A | N/A | |
|---|---|---|---|
| Canada | N/A | N/A | |
| International | N/A | N/A | |
| Total | 0 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| Wisconsin | 29 |
| Illinois | 18 |
| Florida | 4 |
Registered in the following Registration States
Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia, Alberta
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | Yes, is a member |
| Size of Corporate Staff | 8 |
| 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 |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Yes, at additional cost |
Training
| On-Site | 5-7 Days |
| Corporate Office | 5-10 Days |
Financial Requirements
Investment
| Minimum Net Worth | $350K |
|---|---|
| Cash Investment | $50-100K |
| Total Investment | $300-500K |
| Average Total Investment | $400K |
Fees
| Initial Franchise Fee | $50K |
|---|---|
| Average Franchise Fee | $50K |
| On-Going Royalty | 6% |
| Average Royalty | 6% |
| Advertising Fee | $400/Mo. |
Site Information and Requirements
| Average Number of Full-Time Employees | 5 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | 3,000-10,000 |
| Preferred Site Types | Free Standing Building, Storefront |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 4 |
|---|---|
| General Business Experience | 3 |
| Specific Industry Experience | 2 |
| Formal Education | 3 |
| Psychological Profile | 4 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed |
| Area Development Agreements? |
Yes, for 0 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 6 |
|---|---|
| USA | Yes, All United States except CA, HI |
| Canada | No |
| Overseas | No |
