Slumberland Franchising Inc.

Slumberland Franchising Inc.

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Promoted Opportunities

Slumberland Franchising Inc.
#378

Initial Investment

LOW: $545,500
HIGH: $2,019,000

Change in Units

+1.6% +2 UNITS (1 Year)
-1.6% -2 UNITS (3 Years)

Company Profile

Founded

1967

Franchising Since

1974 (43 Years)

Corporate Address

3060 Centerville Rd. Little Canada, MN 55117

CEO

Kenny Larson

Parent Company

Slumberland Inc.

About Slumberland Franchising Inc.

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.

Financials

Financial Requirements

Initial Investment

$545,500 - $2,019,000

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 2-3 days

Additional Training: Ongoing both on-site & at corporate office

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 10

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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: September 23rd, 2016

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