Verlo Mattress Factory Stores LLC

Mattresses, futons, sofa sleepers, bedding products

Background

Founded: 1958 Franchising since: 1989

201 N. Main St., #5
Fort Atkinson, Wisconsin 53538

Phone:
(920)568-3100

Franchisee Association
VMFS Owners Association

Franchisor is a privately-held company with 7 employee(s); 1 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	59	0	0	0
2007	61	0	0	0
2006	63	0	0	0
2005	64	0	0	4

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $269.5K-348K
Franchise fee: $50K

Ongoing royalty fee: 5%
Term of agreement: 5 years, renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $75K
Business Experience:

General business experience

Operations

95% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)