Start-Up Costs and Fees |
||
| Basement Living Systems USA | Slumberland | |
| Investment | 190000 - 320000 | 545500 - 1994000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 3% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1953 | 1967 |
| Year Franchised | 2008 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Slumberland | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | General business experience Industry experience, marketing skills preferred, but not necessary; strong understanding of retail business and commitment to customer service |
Financing Options |
||
| Basement Living Systems USA | Slumberland | |
| 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 | Slumberland | |
| Training | Initial one week orientation and ongoing | Ongoing both on site & at corporate office On-The-Job Training: 200+ hours Classroom Training: 26 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Marketing materials are created and available | Slumberland Furniture's marketing philosophy combines convenient, high profile locations with name brand merchandise, high impact advertising, and a value-added approach to the customer. Advertising is a key component of our marketing strategy. Slumberland is a dominant advertiser and we strive to be #1 in top-of-mind-awareness for home furnishings. Another important element of our marketing philosophy is the value-added approach. We were one the first retailers to offer an extended comfort guarantee on mattresses, one part of our Mattress Plus program which includes: *60 night 100% comfort guarantee *Mattress removal option with delivery of a new set *Guaranteed low price: we won't be undersold! We are always seeking new ways to provide value to the customer to make Slumberland the store of choice in every market. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 | |
Expansion Plans |
||
| Basement Living Systems USA | Slumberland | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Slumberland | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Slumberland | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Slumberland | 3% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Slumberland | 1% |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Slumberland | 1967 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Slumberland | 1977 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Slumberland | 10 years |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Slumberland | |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Slumberland | General business experience Industry experience, marketing skills preferred, but not necessary; strong understanding of retail business and commitment to customer service |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Slumberland | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Slumberland | |
| Equipment | |
| Basement Living Systems USA} | |
| Slumberland | |
| Inventory | |
| Basement Living Systems USA | |
| Slumberland | |
| Receivables | |
| Basement Living Systems USA | |
| Slumberland | |
| Payroll | |
| Basement Living Systems USA | |
| Slumberland | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Slumberland | Ongoing both on site & at corporate office On-The-Job Training: 200+ hours Classroom Training: 26 hours |
| Support | |
| Basement Living Systems USA | |
| Slumberland | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Slumberland | Slumberland Furniture's marketing philosophy combines convenient, high profile locations with name brand merchandise, high impact advertising, and a value-added approach to the customer. Advertising is a key component of our marketing strategy. Slumberland is a dominant advertiser and we strive to be #1 in top-of-mind-awareness for home furnishings. Another important element of our marketing philosophy is the value-added approach. We were one the first retailers to offer an extended comfort guarantee on mattresses, one part of our Mattress Plus program which includes: *60 night 100% comfort guarantee *Mattress removal option with delivery of a new set *Guaranteed low price: we won't be undersold! We are always seeking new ways to provide value to the customer to make Slumberland the store of choice in every market. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Basement Living Systems USA | |
| Slumberland | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
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 |
| Slumberland | |
| Canada Expansion | |
| Basement Living Systems USA | |
| Slumberland | |
| International Expansion | |
| Basement Living Systems USA | |
| Slumberland | |