Business Description

An exciting home decor and giftware store filled to the rafters with the latest selection of stylish home fashions and unique gift giving ideas.

Franchisor Background

Year Established:  1975

Franchising Since:  1980

Operating Units:
Franchised Units:	29	100%
Company-Owned Units:	0	0%
Total Operating Units:	29	100.0%
Geographic Distribution: U.S.: 0 0% In 0 States Canada: 29 100% In 7 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 29 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Alberta	12
2. Ontario	6
3. Nova Scotia	6

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$70K
Total Investment:	$150-350K
Average Total Investment:	$250K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	4-6%
Average Royalty:	5%
Advertising Fee:	1%

Average Number of Employees: varies Full-time, varies Part-time

Space Needs (in square footage): 2,000-6,000

Preferred Sites: Storefront, Regional Mall

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 0 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	20
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	Yes
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	Promotional Items
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
Expansion Plans
Projected New Units Over Next 12 months: 6 U.S.: No Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Rafters Home Stores / Panhandler.