Start-Up Costs and Fees |
||
| Basement Living Systems USA | Norwalk Furniture & Design | |
| Investment | 190000 - 320000 | 495000 - 495000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 0 |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1902 |
| Year Franchised | 2008 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Norwalk Furniture & Design | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | Industry experience General business experience |
Financing Options |
||
| Basement Living Systems USA | Norwalk Furniture & Design | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Basement Living Systems USA | Norwalk Furniture & Design | |
| Training | Initial one week orientation and ongoing | Administrative & service management |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Marketing materials are created and available | Ad slicks, Regional advertising |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Basement Living Systems USA | Norwalk Furniture & Design | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Norwalk Furniture & Design | 0 |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Norwalk Furniture & Design | |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Norwalk Furniture & Design | 1902 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Norwalk Furniture & Design | 1987 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Norwalk Furniture & Design | 5 years |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Norwalk Furniture & Design | |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Norwalk Furniture & Design | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Norwalk Furniture & Design | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
| Equipment | |
| Basement Living Systems USA} | |
| Norwalk Furniture & Design | |
| Inventory | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
| Receivables | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
| Payroll | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Norwalk Furniture & Design | Administrative & service management |
| Support | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Norwalk Furniture & Design | Ad slicks, Regional advertising |
| Operations | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Basement Living Systems USA | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Norwalk Furniture & Design | |
| Canada Expansion | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | 0 |
| International Expansion | |
| Basement Living Systems USA | |
| Norwalk Furniture & Design | |