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Below is an in-depth analysis and side-by-side comparison of Sofa Solutions vs Buddy's Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - $150,000 | $385,166 - $912,594 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | $500/mo. |
Year Founded | - | 1965 |
Year Franchised | - | 2007 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
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.