Verlo Mattress

Mattresses
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$360K - $425K
Units as of 2022
32 Decrease 5% over 3 years

Company Overview

About Verlo Mattress

Industry Retail
Related Categories Miscellaneous Retail Businesses, Furniture & Appliances
Founded 1958
Leadership Bobby Cleveland, Director of Franchise Development
Corporate Address 301 N. Broadway St., #300
Milwaukee, WI 53202
Social Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since 1989 (35 years)
# of employees at HQ 8
Where seeking

This company is offering new franchises throughout the US.

# of Units 32 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Verlo Mattress franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$50,000
Initial Investment Information Circle
$360,438 - $424,655
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$150,000
Veteran Incentives Information Circle
15% off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Verlo Mattress has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 12 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 7
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022