Account Login
Franchise Directory
Areas Of Interest
Top 100 Franchises Publications
Franchise Your Business
Home >> Decorating & Home Design >> Furniture Stores/Home Furnishings
| Sofa Solutions 0 North 480 Willow Rd. Wheaton, IL 60187 |
Submit an online form to receive information from Sofa Solutions.
|
Business Description
The FURNITURE REP'S WAREHOUSE concept is unique in offering quality custom furniture at warehouse prices. Our stores have changed the way consumers can purchase custom furniture but also the way entrepreneurs can become part of this exciting industry. Our proven system, extensive industry knowledge and comprehensive training can help the franchisee with little or no furniture experience be successful. We are a people-focused organization providing consistent, concise & steady franchise involvement.
Franchisor Background
Year Established: 1994
Franchising Since: 1997
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Illinois
Financial Requirements
Average Number of Employees: 2 Full-time, 2 Part-time
Space Needs (in square footage): 5,000
Preferred Sites: Free-standing Building, Storefront
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
The FURNITURE REP'S WAREHOUSE concept is unique in offering quality custom furniture at warehouse prices. Our stores have changed the way consumers can purchase custom furniture but also the way entrepreneurs can become part of this exciting industry. Our proven system, extensive industry knowledge and comprehensive training can help the franchisee with little or no furniture experience be successful. We are a people-focused organization providing consistent, concise & steady franchise involvement.
Franchisor Background
Year Established: 1994
Franchising Since: 1997
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 3 | 75% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 25% | |||||||||||||||||||||||||||||
Total Operating Units: | 4 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Illinois | 4 |
Registered in Following Registration States: Illinois
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $125K |
| Cash Investment: | $50-75K |
| Total Investment: | $100-125K |
| Average Total Investment: | $112K |
| Fees: | |
| Initial Franchise Fee: | $24.9K |
| Average Franchise Fee: | $25K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 2.5% |
Space Needs (in square footage): 5,000
Preferred Sites: Free-standing Building, Storefront
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 2 | ||||||||
| Specific Industry Experience: | 1 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 7 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| 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: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Corporate Offices | 5 Days | ||||||||
| 2. Your Store | 5 Days | ||||||||
| Expansion Plans | |||||||||
|
Submit an online form to receive information from Sofa Solutions.
|
||||||||