Verlo Franchise
Initial & Ongoing Fees
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 retail store and allows up tp 10 satellite (showroom-only) retail stores.
Initial Franchise
Fee................................................................................$50,000
Travel & Living Expenses During Initial Training
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 - $37,600 DeliveryTrucks....................................................$3,000 - $5,000
Prepaid Advertising..........................................$10,000 - $25,000
Working Capital
3 Months.........................................................$40,000 - $60,000
TOTAL.......................................................$259,500 - $344,600
Satellite Store Fee ......................................................... $15,000
Leasehold Improvements
& Related Costs ......... $12,000 - $20,000
Opening Inventory
& Equipment ..................... $47,000 - $50,000
Prepaid Advertising ........................................ $10,000 - $25,000
Prepaid Rent & Security Deposits ..................... $10,000 - $20,000
Working Capital - 3 Months ............................ $20,000 - $30,000
TOTAL.......................................................$114,000 - $160,000
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