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Terri's Consign & Design Furnishings

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Terri's Consign & Design Furnishings
1375 W. Drivers Way
Tempe, AZ 85284
800#: (800) 455-0400
Tel: (480) 969-1121
Fax: (480) 969-5052
E-Mail: [email protected]
Web Site: www.eterris.com
Contact: Mr. Marcus Curtis, President


Nation's leader in consignment home furnishings. We deal in furnishings acquired from model homes, estates, factory liquidations, skilled craftsmen and fine homes. Quality brand-name furnishings, accessories, office furnishings, art and antiques. Business has high sales volume with high margin and no initial cost inventory. Ground floor opportunities still available.




Franchisor Background


Established: 1979
First Franchise: 1993
Franchise Units: 8
Company-Owned Units: 8
Total Units: 16

Distribution:
U.S. -- 13; Canada -- 0; International -- 0
�North America -- Operations in 5 States
�States/Provinces with Greatest Density: 7 in AZ, 2 in NV, 2 in CA

Projected New Units Over Next 12 months:4
Franchisee Qualifications:4, 4, 3, 3, 3, 5
(Click here for an explanation)

Registered in Following Registration States: CA,OR,WA
Average Number of Employees: 10 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 20,000 SF; FS, SC, Warehouse (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $75-175K
Total Investment: $100-200K
Average Total Investment: $150.0K
Minimum Net Worth: $250K+

Fees
�Franchise: $28K;
�Average Franchise Fee: $28.0K
�Royalty: 4%
�Average Royalty: 4.0%
�Advertising: 1%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/5/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
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: No
Franchisee Association / Member: No
Size Of Corporate Staff: 7
On-Going Support: C,D,E,G,H,I (Click here for an explanation)
Training: 1 Week Mesa, AZ; 5 Days Store Location upon Opening.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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