Slumberland, Inc. owns and operates a chain of furniture stores in the United States. It provides mattresses, living room furniture, dining furniture, bedroom furniture, chairs, and gift cards; and sells products online. The company was founded in 1967 and is based in Little Canada, Minnesota.
Slumberland also provides franchise opportunities. As of 2018, the company operates 74 franchises in the United States.
Slumberland Furniture has the franchise fee of up to $50,000, with total initial investment range of $545,500 - $1,994,00.
Financial Requirements for Slumberland Franchising Inc.
Initial investments: $545,500 - $1,994,000
Net-worth Requirement: $300,000 - $2,000,000
Liquid Cash Requirement: $100,000 - $500,000
Initial Franchise Fee: $30,000 - $50,000
Ongoing Royalty Fee: 3%
Ad Royalty Fee: to 2%
On-The-Job Training: 200+ hours
Classroom Training: 26 hours
Additional Training: Ongoing both on-site & at corporate office
Number of Employees Required to Run: 10
Slumberland Franchise Info: https://www.slumberland.com/franchise-opportunities.html
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