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Initial and On going fees
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Initial & On going Fees The Investment The financial requirements for becoming a Verlo Mattress Factory Stores franchise owner are generally a net worth of at least $325,000, with liquid funds of $75,000. As described in our Franchise Disclosure Document (see disclaimer), these are the estimated start-up costs for the traditional franchise model, which requires one combined production/showroom facility and allows up tp 10 satellite (showroom - only) stores. Start-Up Cost for Production/Showroom Facility: Initial Franchise Fee..............................................................................................$50,000 Travel & Living Expenses During Initial Training........................................$1,000-$4,000 Leasehold Improvements & Related Cost..............................................$15,000-$25,000 Opening Inventory & Equipment...........................................................$130,00-$138,000 Prepaid Rent & Security Deposits..........................................................$10,500-$36,000 Delivery Trucks..........................................................................................$3,000-$5,000 Prepaid Advertising.................................................................................$20,000-$30,000 Working Capital - 3 Months....................................................................$40,000-$60,000 Total....................................................................................................$269,500-$348,000 Start-Up Cost for Satellite Showroom: Satellite Store Fee.................................................................................................$15,000 Leasehold Improvements & Related Costs............................................$12,000-$20,000 Opening Inventory & Equipment.............................................................$47,000-$50,000 Prepaid Rent & Security Deposits..........................................................$10,000-$20,000 Working Capital - 3 Months....................................................................$20,000-$30,000 Total................................................................................ ...................$104,000-$135,000 To find out more, please select one of the options below:
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