Slumberland Franchising Inc.
Home furnishings

Slumberland Franchising Inc.
Home furnishings

About
Founded

1967

Franchising Since

1974 (45 Years)

Corporate Address

3060 Centerville Rd.
Little Canada, MN 55117

CEO

Kenny Larson

Parent Company

Slumberland Inc.

Financial Requirements
Initial Investment

$545,500 - $1,994,000

Net-worth Requirement

$300,000 - $2,000,000

Liquid Cash Requirement

$100,000 - $500,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $50,000

Ongoing Royalty Fee

3%

Ad Royalty Fee

to 2%

Financing Options

Slumberland Franchising Inc. offers in-house financing to cover the following: equipment, inventory, accounts receivable

Support Options
Ongoing 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 Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

200+ hours

Classroom Training:

26 hours

Additional Training:

Ongoing both on-site & at corporate office

Absentee Ownership Allowed
Number of Employees Required to Run:

10

Bio
The first Slumberland store opened in Minnesota in 1967, selling mattresses and La-Z-Boy products. The company began franchising in 1974, and stores today offer a variety of furniture for bedrooms, living rooms and dining rooms.
Cost
Initial Investment: Low - $545,500 High - $1,994,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, Wyoming
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 11th, 2017