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Furla
389 Fifth Ave., # 700
New York, NY 10016
800#:
Tel: (212) 213-1177 + 15
Fax: (212) 685-5910
E-Mail: [email protected]
Web Site: www.furlausa.com
Contact: Mr. Bruce S. Pettibone, Managing Director
FURLA designs and sells women's handbags, shoes, belts, small leather goods and related accessories. Our brand is known worldwide through 200+ boutiques around the globe. Our exclusively designed and manufactured products are primarily made in Italy and are priced in better to designer marketplace. Our shops have a distinctive design and are located in upscale retail trade areas.
Franchisor Background
Established: 1997
First Franchise: 1998
Franchise Units: 24
Company-Owned Units: 15
Total Units: 39
Distribution:
U.S. -- 29;
Canada -- 1;
International -- 9
-North America -- Operations in 9 States, 1 Province
-States/Provinces with Greatest Density: 5 in FL, 3 in NY, 3 in CA
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 3, 4, 2, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL,IN,MD,MI,NY,OR,VA,WA (Click here for an explanation)
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 900-1,200 SF; SF, RM
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $150-200K
Total Investment: $284-480K
Average Total Investment: $382.0K
Minimum Net Worth: $$400K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 2%
-Average Royalty: 2.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 7-10/7-10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 13
On-Going Support: B,C,D,E,h,I (Click here for an explanation)
Training: 1 Week New York Offices and Stores; On-going through store visits.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: South America, Caribbean Basin, Central America.
Note: NR = No Response by Franchisor.
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