Norwalk - The Furniture Idea

Founded: 1902 Franchising since: 1987

100 Furniture Pkwy. Norwalk, Ohio 44857

Phone: (888)667-9255/(419)744-3200

Franchisor has 750 employee(s); 15 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	59	6	0	3
2005	52	8	0	13

Where Seeking Franchisees
In the U.S. Oregon, United states

Exclusive territories available.
Territory size: Limited MSA's

Total investment: $495K Franchise fee: $35K

Term of agreement: 5 years, renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $150K
Business Experience:

• Industry experience
• General business experience

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)

Training

• Available at headquarters: 5 days
• At franchisee's location: 10 days
• Administrative & service-management training

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Field operations/evaluations

Marketing Support

• Ad slicks
• Regional advertising

Franchise 500® rank:
#305 (2007); #348 (2006); #479 (2005);

Ranked #1 in category in:
2007; 2006;