|
Below is an in-depth analysis and side-by-side comparison of Decor & You vs Norwalk Furniture & Design including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $56,000 - $225,000 | $495,000 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 10% | 0 |
Advertising Fee | - | - |
Year Founded | 1994 | 1902 |
Year Franchised | 1998 | 1987 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | Administrative & service management |
Support | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | Ad slicks, Regional advertising | Ad slicks, Regional advertising |
Operations |
Franchise can be run from home. 50% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
As a DecorDesigner, you will help home owners and small business
owners create magnificently decorated spaces that are not only
beautiful, but functional. The highest compliment our decorators
receive is the exclamation "I love it and I couldn't have done it
without you!"
At Decor&You, we help our clients Love the Space They're In!
Decor &You franchisees work with owners and renters of homes and condominiums, using furnishings, carpets, wall and window coverings and other elements to change the looks of kitchens, bedrooms, offices and more.
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.