Franchise Spotlight
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Franchise owners enjoy a rewarding career helping others make a meaningful impact on people's lives, serving the aging population in their home. We sell and rent ramps and other accessibility solutions to people wishing to remain in their homes rather than go to a nursing home.
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VERLO MATTRESS FACTORY STORES (R) is the nation's largest CRAFTSMAN DIRECT (R) retailer. Each franchise assembles custom-made mattresses to the customer's specifications.
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One of America's Top 100 Franchise Opportunities! (as listed in Bond's Top 100 Franchises, 2004, 2006 and 2009). We create beautiful living spaces for our customers. Picture an elegant home office that converts into an extra bedroom. With our professionally installed Murphy bed and custom-designed office, it can happen.
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ERC's cost reduction consulting programs have been in use since 1993 and have been directly responsible for generating significant savings for corporate clients in many industries.
Renaissance Executive Forums
- Renaissance Executive Forums, Inc.
La Jolla, CA 92037
- (858) 551-6600
- (858) 551-8777 (Fax)
- Ms. Shawna Bergstrom, Director of Franchise Development
- shawna@executiveforums.com
Renaissance Executive Forums bring together top executives from similarly sized, non-competing companies with an advisory board process in which thousands of chief executives throughout the world participate. These CEOs, presidents and owners meet once a month in small groups of approximately eight to fourteen individuals. The meetings provide an environment designed to address the opportunities and challenges they face as individuals and leaders of their respective organizations. This unique business opportunity allows franchisees to help others without the intense travel and transient nature that traditional coaching and consulting generally entail.
Franchisor Background
Year Established: 1994
Franchising Since: 1994
Operating Units
| Franchised Units | 30 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 30 | 100% |
Geographic Distribution
| USA | 30 | 73.2% | In 22 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 11 | 26.8% | In 11 Foreign Countries |
| Total | 41 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| California | 7 |
| Illinois | 4 |
| Florida | 3 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | Yes, is a member |
| Size of Corporate Staff | 15 |
| Site Selection Assistance |
No |
| Lease Negotiation Assistance | No |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | No |
| Regional Advertising | No |
| Local Advertising | No |
| Marketing Materials | Ad Slicks, Brochures, Emails, Promotional Items, Videos |
| Additional Services: | Newsletter, Online Extranet, Press Releases |
Ongoing Support
| Central Data Processing | Included |
|---|---|
| Central Purchasing | Included |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | N/A |
Training
| La Jolla, CA | 8 Days |
Financial Requirements
Investment
| Minimum Net Worth | $500K |
|---|---|
| Cash Investment | $55.4-73.3K |
| Total Investment | $75.5-110K |
| Average Total Investment | $93K |
Fees
| Initial Franchise Fee | $39.5K |
|---|---|
| Average Franchise Fee | $40K |
| On-Going Royalty | 20% |
| Average Royalty | 20% |
| Advertising Fee | 0% |
Site Information and Requirements
| Average Number of Full-Time Employees | 1 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | N/A |
| Preferred Site Types | Home-Based |
| Other Site Types Allowed | Executive Suite |
| Encourages Conversions | N/A |
| Item 19 (Earnings Claim) Provided? | No |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 5 |
|---|---|
| General Business Experience | 5 |
| Specific Industry Experience | 4 |
| Formal Education | 4 |
| Psychological Profile | 4 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed |
| Area Development Agreements? |
No |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 10 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes, All Countries |
