BoConcept

At a Glance

Products & Services: Furniture store

Number of Locations: 256

Total Investment: $350.8K - $1.1M

Founded: 1952

Began Franchising: 1993

Franchise Units

Year U.S. Canadian International Company Owned
2011 21 3 210 22
2010 24 2 288 16
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
United States.
Franchisor is seeking new units in World Wide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $350,750 - $1,052,700
Franchise Fee: $30,000
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $200,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1-2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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