IKEA vs Sofa Solutions Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of IKEA vs Sofa Solutions including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
IKEA Franchise
Sofa Solutions Franchise
Investment N/A$125,000 - $150,000
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
IKEA Franchise
Sofa Solutions Franchise
Experience When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following: -experience -local market knowledge and presence (able to demonstrate ability to establish and operate IKEA stores nationally) -corporate culture and values -financial strength and ability to carry through the investment penetrating a country in full and in a large-scale retail environment format-

Financing Options

 
IKEA Franchise
Sofa Solutions Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
IKEA Franchise
Sofa Solutions Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
IKEA Franchise
Sofa Solutions Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About IKEA

Franchises are granted by Inter IKEA Systems B.V. as part of a detailed expansion plan. Serious applicants are carefully researched and evaluated and franchises are granted only to companies and/or individuals with strong financial backing and a proven record in retail.

When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following:

About Sofa Solutions

What makes Sofa Solutions unique is very affordable pricing. Sofa Solutions stores are specifically designed to create affordable career opportunities in a professional setting at an investment level attainable by the average person. You can own your own Sofa Solutions store for around $150,000. A husband and wife team could easily operate one of our stores with minimal part-time help. No more dealing with countless employees who come and go. We provide extensive and ongoing training with a proven operations formula. Sofa Solutions partners with its Franchisees in that the Sofa Solutions Distribution Company assists in buying product, processing sales, warehousing and delivery. You're in business for yourself but not by yourself! Unlike other franchised furniture stores that are tied into a single manufacturer's line, Sofa Solutions sells a multi-brand selection of high quality upholstery, encompassing over 300 styles, 2000 fabrics, plus leathers and occasional furniture.