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Below is an in-depth analysis and side-by-side comparison of Norwalk Furniture & Design vs Mr Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $495,000 | N/A |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 0 | - |
Advertising Fee | - | - |
Year Founded | 1902 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Administrative & service management | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
For more than 100 years, we've helped furniture shoppers create something unique. Since 1987, we've done the same for our franchisees. Our philosophy is simple: Create stylish, one-of-a-kind upholstered furniture in an intimate, service-oriented retail environment. That means a low-inventory investment for you and an extraordinary selection for your customers. It's this one-of-a-kind furniture store concept that makes our nearly 80 Norwalk Furniture Idea stores a growing success and the right concept, at the right time. Why Norwalk Now? Consumer research shows people spending more time at home these days. They see their home as their refuge, their sanctuary from the pressures of the world. More time at home results in more spending to decorate those homes. And today's sophisticated, upscale consumer does not want to settle for ordinary, off-the-shelf decorating solutions.
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.