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Franchise
How much investment capital will I need to become a Norwalk - The Furniture Idea franchisee?
How long does the franchise process take?
What is the average store size?
Why type of professional experience do I need to become franchisee?
Are all Norwalk - The Furniture Idea stores independently owned?
Can I purchase an existing Norwalk - The Furniture Idea store?
How is Norwalk - The Furniture Idea different from other franchising opportunities?
What type of franchise support do you provide?
I'm interested in owning a Norwalk - The Furniture Idea store, but would like more information on the manufacturing side of your business. Is information available?
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How much investment capital will I need to become a Norwalk - The Furniture Idea franchisee? |
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The total investment in a Norwalk - The Furniture Idea franchise averages around $495,000 and includes everything you need to open, including some initial working capital. This can vary depending on the market costs, the type of site and other factors. Of this amount, you'll need a minimum of 30% to 35% in available cash, plus the financial ability to borrow the remainder.
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How long does the franchise process take? |
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It depends on several factors, including whether your store will be an existing building or a newly constructed location. Once qualified, franchise prospects will be invited to our Discovery Days, which we host at our headquarters in Norwalk, Ohio. From there, a franchise contract will be drawn up. The process takes, on average, 6 - 12 months from the time you sign this contract.
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What is the average store size? |
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Our stores range in size from 4,000 to 5,000 square feet. While many furniture stores may utilize a larger space - they can't match our unique and varied product offering. With minimal inventory requirements, we continue to offer the largest selection of custom, upholstered furniture anywhere in the world.
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Why type of professional experience do I need to become franchisee? |
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While furniture-industry experience is not necessary to qualify, a background in sales, marketing or retail is certainly a plus. One thing that makes the Norwalk franchise family so unique is our varied backgrounds, our universal commitment to customer service and our willingness to grow and learn within a franchise system.
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Are all Norwalk - The Furniture Idea stores independently owned? |
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Nearly 75% of Norwalk - The Furniture Idea stores are franchise locations. The remainder are company-owned.
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Can I purchase an existing Norwalk - The Furniture Idea store? |
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From time to time, an existing Norwalk franchise may become available, however most new franchisees open a new store.
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How is Norwalk - The Furniture Idea different from other franchising opportunities? |
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Our extensive custom-order program, our low-inventory investment and our ability to provide consumers with a unique and personalized experience are just a few of the features that make Norwalk - The Furniture Idea a unique and exciting franchising opportunity.
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What type of franchise support do you provide? |
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With Norwalk, you have the support of a team dedicated to our franchise system. They'll help with:
- Financing
- Site selection
- Training
- Advertising and marketing
- Operations
- Merchandising
For complete details behind each of these key areas of support, visit our franchise support page or call Mike Turbeville at 1-888-NORWALK.
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I'm interested in owning a Norwalk - The Furniture Idea store, but would like more information on the manufacturing side of your business. Is information available? |
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Feel free to visit the manufacturing section of this Web site.
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