Badcock Home Furniture & More
Yes, we actively support the inclusion and development of minority-owned franchises in the Badcock Home Furniture & More system.
Badcock Home Furniture & More
P. O. Box 497
Mulberry, FL 33860
800#: (800) 223-2625
Tel: (863) 869-7972
Fax: (863) 425-7691
E-mail: smccorkle@badcock.com
Web Site: www.badcock.com
Contact: Mr. Scott McCorkle, Dealer Development Coordinator
W.S. BADCOCK Corp. offers dealership opportunities to qualified individuals. Dealerships are similar to franchises in that they are individually owned and operated, but require less capital (no franchise fee or monthly royalty fees) and allow for a quicker start-up than a traditional franchise. BADCOCK provides all stores with total inventory at no cost to the dealer and all account financing through the parent company.
Franchisor Background
Established: 1904
First Franchise: 1928
Franchise Units: 278
Company-Owned Units: 55
Total Units: 333
Distribution:
> North America -- Operations in 7 States
> States/Provinces with Greatest Density: 145 in FL, 87 in GA, 35 SC
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 4 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 18,000-20,000 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $75-150K
Total Investment: $100-300K
Average Total Investment: $200K
Minimum Net Worth: $300K
Fees
>Franchise: $0
>Average Franchise Fee: $0K
>Royalty: 0%
>Advertising: .3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Discouraged
Area Development Agreements:Yes/5
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 1,100
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 60-90 Days Corporate Office and Training Store.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: GA,MS,SC,NC,TN,AL,VA,WV, KY
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
|
New
Search: Alphabetical
| Industry
Type | Avg
Total Investment | Avg
Franchise Fee | Total
Units
|
|