|
Below is an in-depth analysis and side-by-side comparison of Slumberland vs Mr Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $545,500 - $1,994,000 | N/A |
Franchise Fee | $30,000 - $50,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | 1% | - |
Year Founded | 1967 | - |
Year Franchised | 1977 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing both on site & at corporate office On-The-Job Training: 200+ hours Classroom Training: 26 hours | - |
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 | Slumberland Furniture's marketing philosophy combines convenient, high profile locations with name brand merchandise, high impact advertising, and a value-added approach to the customer. Advertising is a key component of our marketing strategy. Slumberland is a dominant advertiser and we strive to be #1 in top-of-mind-awareness for home furnishings. Another important element of our marketing philosophy is the value-added approach. We were one the first retailers to offer an extended comfort guarantee on mattresses, one part of our Mattress Plus program which includes: *60 night 100% comfort guarantee *Mattress removal option with delivery of a new set *Guaranteed low price: we won't be undersold! We are always seeking new ways to provide value to the customer to make Slumberland the store of choice in every market. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Absentee Ownership Allowed Number of Employees Required to Run: 10 | - |
Expansion Plans |
||
US Expansion | No | - |
Canada Expansion | No | - |
International Expansion | No | - |
Slumberland is a privately held company with 50 years experience in the furniture industry, and over 40 years of franchising experience. Since first opening as a mattress specialty shop in 1967, we have expanded our product mix and grown to 53 corporate and 74 franchise stores across 12 states. We enjoy a strong brand position in the US furniture industry with unbroken consecutive years of growth. Slumberland holds the largest combined market in share in the Central and Midwest United States and is the region’s premier home furnishing retailer.
Seeking new franchise units in the following states:
There has never been a more exciting time to become part of the Mr Rental franchise group. Mr Rental continually strives to provide the best possible marketing, product offer, administration, training and operational systems through the synergy of its team, to ensure the profitable operation of the franchises.
The Mr Rental brand is one that Australians and New Zealanders have come to trust and rely upon for their entire rental needs. Famous for its friendly Mr Rental cartoon character and eye-catching blue signage and delivery trucks, the company prides itself on making the customer experience easy and enjoyable.
Strong training models and established systems ensure Mr Rental franchisees are equipped with the necessary skills to achieve. Mr Rental empowers people to grow personally and professionally, ensuring Mr Rental franchises are some of the most successful in the industry.