Slumberland Franchising Inc.
#309 Franchise 500| Home furnishings

Slumberland Franchising Inc.
Home furnishings

About
Founded

1967

Franchising Since

1974 (46 Years)

Corporate Address

3505 High Point Dr. N., Bldg. 2
Oakdale, MN 55128-3422

Leadership

Kenny Larson, CEO

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

1%

Financing Options

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

Support Options
Ongoing Support

Purchasing Co-ops

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

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

Slumberland Franchising Inc. is ranked #309 in the Franchise 500!
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
+0.8%+0 UNITS (1 Year) -0.8%-1 UNITS (3 Years)

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

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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 14th, 2019