Norwalk - The Furniture Idea
Norwalk - The Furniture Idea
100 Furniture Pkwy.
Norwalk, OH 44857-9587
800#: (888) 667-9255
Tel: (419) 744-3200
Fax: (419) 744-3212
E-Mail: [email protected]
Web Site: www.norwalkfurnitureidea.com
Contact: Mr. Mike Turbeville, Franchise Retail Development
Custom order living room specialty stores, offering consumers 1,000 fabrics and leathers available in 500 styles, with delivery in just 35 days. Low inventory investment.
Franchisor Background
Established: 1902
First Franchise: 1987
Franchise Units: 53
Company-Owned Units: 13
Total Units: 66
Distribution:
U.S. -- 58;
Canada -- 8;
International -- 0
-North America -- Operations in 30 States, 3 Provinces
-States/Provinces with Greatest Density: 13 in FL, 5 in CA, 4 in TX
Projected New Units Over Next 12 months: 8
Franchisee Qualifications: 4, 4, 2, 2, 4, 5
(Click here for an explanation)
Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 10 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,500 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $100K
Total Investment: $350-400K
Average Total Investment: $375.0K
Minimum Net Worth: $350K
Fees:
-Franchise: $35K
-Average Franchise Fee: $35.0K
-Royalty: 0%
-Average Royalty: .0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes/1
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 11
On-Going Support: B,C,d,E,G,h,I (Click here for an explanation)
Training: 3 Weeks, Cleveland; 1 Week Atlanta, GA; 2 Weeks Another Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: Most Provinces
Overseas: No
Note: NR = No Response by Franchisor.
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