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Friday
Apr232010

Slumberland Franchise

Home & home office furnishings

Start-up Costs & Franchises Fees

What is the total cost to open a Slumberland Franchises?

Total Cost: $416,000 USD -$1,000 USD ,000 USD
Total Franchise Fees: $30,000 USD -$50,000 USD
Ongoing Royalty Fees: 3%
Ongoing Advertising Fees:
Term of Agreement: 10 years

Contact Information for Slumberland

Slumberland International Co.
3060 Centerville Rd.
Little Canada, MN
55117

Phone Number: (651)482-7500
Fax Number: (651)490-0479

Franchise Homepage:

Historical Expansion

In what year did Slumberland begin operations? 1967
When did Slumberland begin selling franchises? 1977

Year United States Canada International Corporate
2005 62 0 0 30
2004 58 0 0 30
2003 52 0 0 30
2002 45 0 0 30
2001 44 0 0 30

Future Expansion

United States: Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, Wyoming,

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Training
Ongoing both on site & at corporate office
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support

Franchise Operation Restrictions

Absentee ownership of franchise is allowed.

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Industry experience, marketing skills preferred, but not necessary; strong understanding of retail business and commitment to customer service
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.