
BoConcept – AN AWARD WINNING INTERNATIONAL FURNITURE AND LIFE STYLE BRAND SEEKS FRANCHISEES TO AGGRESIVILY EXPAND IT’S U.S. AND NORTH AMERICAN FOOTPRINT
(Furniture)
New York, New York
Listed Price: $ 800,000
Listing ID: MCNY888110
Listing DetailsGross Revenue: $ 9,000,000
Cash Flow: $ 966,510
Inventory: $ 120,000
Franchise Info: Franchise Fee is $30,000
Terms and Conditions: Negotiable
Reason for Sale:
Looking to Expand the Brands Footprint in the U.S.
Training & Support:
Complete Turn-key Support and Training From Franchisor.
Listing SummaryBusiness Description:
BoConcept is a 70 year old international Furniture Brand with over 300 locations worldwide and in over 60 countries.
The company is searching for new U.S and North American franchisee partners with the goal of at least doubling its U.S. store footprint over the next five years.
The franchisor is seeking to identify strong franchisee partners who can develop state size territories. Franchisees must have a multi-unit mindset and the financial capacity to invest in several stores in the agreed upon geographic territory.
The franchisee partner will become part of an exceptional turnkey franchise system with high customer loyalty and repeat add-on purchases.
The BoConcept Franchisee / Partner Opportunity Offers:
· Low Investment / High EBITDA
· Stronger ROI than other franchise concepts
· A business model for franchisees that yields quick cash flow generation
· Comprehensive support for Franchisee partners
· A well known international brand
· An updated seasonal range of contemporary and modern furniture
· A franchise system that has been developed, proven and tweaked for success over 30 years
The company is initially targeting the New York Tri-State area, Illinois, Texas and Arizona for new franchisee partner territories.
Historical Summary:
BoConcept was established in 1952 and has been franchising since 1993.
The company’s first U.S. store location was established in 2002.
There are currently 18 stores operating in various markets in the U.S.
Owner Qualifications:
Solid Business background with prior business ownership a plus.
Competition:
Other lifestyle furniture brands in the marketplace.
Potential Growth:
Significant
Financing/Terms:
Negotiable
LocationFacilities:
Current stores are located in high-end malls and upscale store-front neighborhoods.
OperationYear Established: 1952
Days & Hours of Operation: Mon - Sat 10 AM - 7 PM and Sun 10 AM - 5 PM
Employees: 5
Managers: 1
Absentee Owner: Yes