Business Description

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

Year Established:  1979

Franchising Since:  1993

Operating Units:
Franchised Units:	8	50%
Company-Owned Units:	8	50%
Total Operating Units:	16	100.0%
Geographic Distribution: U.S.: 16 100% In 5 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 16 100.0%

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

Density	Units
1. Arizona	7
2. California	2
3. Nevada	2

Registered in Following Registration States: California, Oregon, Washington

Financial Requirements

Investment:
Minimum Net Worth:	$250K+
Cash Investment:	$75-175K
Total Investment:	$100-200K
Average Total Investment:	$150K
Fees:
Initial Franchise Fee:	$28K
Average Franchise Fee:	$28K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	1%

Average Number of Employees: 10 Full-time, 3 Part-time

Space Needs (in square footage): 20,000

Preferred Sites: Free-standing Building, Strip Center

Other Sites: Warehouse

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10/5/5 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 10 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	7
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Indirect
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
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:
1. Mesa, AZ	1 Week
2. Store Location upon Opening	5 Days
Expansion Plans
Projected New Units Over Next 12 months: 4 U.S.: No Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Terri's Consign & Design Furnishings.