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Naked Furniture
1157 Lackawanna Trail, P.O. Box F
Clarks Summit, PA 18411
800#: (800) 352-2522
Tel: (570) 587-7800
Fax: (570) 586-8587
E-Mail:
Web Site: www.nakedfurniture.com
Contact: Mr. Tom Erlandson, Franchising
NAKED FURNITURE is the nation's largest retailer of custom-finished and ready-to-finish solid wood home furnishings. We offer a wide range of innovative and affordable choices. We serve our markets with attractive, professionally-run stores and a diverse selection of quality furniture and accessories that allow our store owners to maintain their leadership position in the rapidly-growing specialty furniture market.
Franchisor Background
Established: 1972
First Franchise: 1979
Franchise Units: 26
Company-Owned Units: 2
Total Units: 28
Distribution:
U.S. -- 37;
Canada -- 0;
International -- 0
�North America -- Operations in 12 States
�States/Provinces with Greatest Density: 9 in MI, 8 in IL, 5 in PA
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 4, 3, 1, 1, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,ND,NY,RI,VA,WA,WI
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 6,500+ SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $72-123K
Total Investment: $143-245K
Average Total Investment: $194.0K
Minimum Net Worth: $NR
Fees:
�Franchise: $19.5K
�Average Franchise Fee: $19.5K
�Royalty: 4%
�Average Royalty: 4.0%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes
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:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 19
On-Going Support: a,B,C,D,E,F,G,h,I (Click here for an explanation)
Training: 1 Week Headquarters; 1 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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