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Below is an in-depth analysis and side-by-side comparison of IKEA vs Sears Home Appliance Showrooms including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $122,000 - $1,895,000 |
Franchise Fee | N/A | $18,000 - $54,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
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:
We know what consumers want and are ready to deliver superior products and customer service. A true showroom concept, once the sale is made your customer's purchases are delivered, installed and serviced by the reliable Sears Team. Besides leveraging the Sears name, our showrooms offer a huge selection of well-known appliances such as Kenmore and Kenmore Elite, Electrolux, L-G, Maytag, Whirlpool, General Electric, Kitchen-Aid, Samsung, Frigidaire, Bosch, Jenn-Air and Amana - all within 4,000 square feet of selling space. Professional delivery, installation, product service and INVENTORY are all provided by Sears. Armed Forces Veterans - 10% discount on franchise fee.