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Below is an in-depth analysis and side-by-side comparison of Furniture Warehouse Outlet vs PMD Furniture Direct including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $369,500 - $654,500 | $76,500 - $146,500 |
Franchise Fee | $75,000 | $15,000 |
Royalty Fee | 6% | 0 |
Advertising Fee | 3% | 0 |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% of current franchise 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 | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in Taylorsville, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. We expect that your attendees will advance through the training program at different rates depending on a variety of factors, including background and experience. | PMD Furniture Direct� provides a comprehensive training program that will educate franchisees on everything needed to know about running the business. |
Support | - | - |
Marketing | - | - |
Operations | A Furniture Warehouse Outlet franchise will offer furniture, furnishings, both new and quality consigned, and mattresses and other home furnishings. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Furniture Warehouse has been family owned and worked since 1975 and is outstanding for its astute promoting all through the Salt Lake Valley. A Furniture Warehouse Outlet establishment will offer furniture, decorations, both new and quality transferred, and sleeping pads and other home decorations.
Retail industry has been seeing steady development in the course of the most recent couple of years and is relied upon to develop more in the coming years. Getting the chance of Retail establishment could be the most astute choice that can help you get profited for lifetime. There are different open doors you can get from retail business establishment. In retail segment you can serve for purchaser durables and IT, markets and stores, home and office, sports merchandise and the sky is the limit from there. Getting into a retail business was never so natural; outline your prosperity way with retail establishment openings accessible.
Franchisee's will profit by utilization of our focal stockroom. This implies there is no capacity expenses to the franchisee. We likewise deal with the conveyance, we have a parent organization to handle your client benefit, we give you the business supplies and give you an intuitive site and in addition blessing card frameworks and blessing card bookkeeping took care of by us. Recieve stock reinforcement from different franchisees and organization stores.
During the current economic times, consumers are seeking value � quality furniture and bedding at lower prices. PMD Furniture Direct� has created a simple approach to provide customers with exceptional products at competitive retail prices. This, along with customers' growing preferences for wholesale and discount retail outlets, places PMD Furniture Direct� in the perfect position to prosper in today's economic climate. PMD Furniture is a strong brand in the US home furnishings industry today and carries a strong dedication to core principles such as honesty, integrity, commitment, loyalty, belief, hard work, personal responsibility and family values. As a PMD Furniture Direct� franchise owner, you can expect: * No royalty fees * One of the lowest start-up costs in franchising, ranging from $76,500-$146,500 * Flexible scheduling * In-depth, ongoing training, support and Intranet and Internet resources * Franchisee incentive programs * Franchise fee discount for qualified military veterans * Quick turnaround time to be up and running as a franchise owner.