Slumberland Franchise

Home & home office furnishings

Slumberland is a privately held company with 50 years experience in the furniture industry, and over 40 years of franchising experience. Since first opening as a mattress specialty shop in 1967, we have expanded our product mix and grown to 53 corporate and 74 franchise stores across 12 states. We enjoy a strong brand position in the US furniture industry with unbroken consecutive years of growth. Slumberland holds the largest combined market in share in the Central and Midwest United States and is the region??s premier home furnishing retailer.Seeking new franchise units in the following states: Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, Wyoming    #309 in Franchise 500 for 2020.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Slumberland, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Slumberland website.

How much does it cost to open a Slumberland Franchise ?

The investment required to open a Slumberland Franchise is between $545,500 - $1,994,000 . There is an initial franchise fee of $30,000 -$50,000 which grants you the license to run a business under the Slumberland name.

Individual Franchise Costs

  • Initial Investment:
    $545,500 -
  • Initial Franchise Fee:
    $30,000 - $50,000
  • Royalty Fee:
    3%
  • Advertising Fee:
    1%
  • Term of Agreement:
    10 years

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training
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
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

Slumberland Growth History

When did the first Slumberland open? 1967
When did Slumberland start Franchising ? 1977

Absentee Ownership Allowed Number of Employees Required to Run: 10

General business experience Industry experience, marketing skills preferred, but not necessary; strong understanding of retail business and commitment to customer service


How much money you could make as a Slumberland Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Slumberland Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$30,000 - $1,994,000
Initial Franchise Fee
$30,000 - $50,000
Royalty Fee
3%
Advertising Fee
1%
Term of Agreement
10 years
Slumberland Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Slumberland and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Slumberland franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.