Furla
Yes, we actively support the inclusion and development of minority-owned franchises in the Furla system.
Furla
389 Fifth Ave., # 700
New York, NY 10016
800#:
Tel: (212) 213-1177 + 15
Fax: (212) 685-5910
E-mail: bruce@furlausa.com
Web Site: www.furlausa.com
Contact: Mr. Bruce S. Pettibone, Managing Director
FURLA designs and sells women's handbags, shoes, belts, small leather goods and related accessories. Our brand is known worldwide through 200+ boutiques around the globe. Our exclusively designed and manufactured products are primarily made in Italy and are priced in better to designer marketplace. Our shops have a distinctive design and are located in upscale retail trade areas.
Franchisor Background
Established: 1997
First Franchise: 1998
Franchise Units: 24
Company-Owned Units: 15
Total Units: 39
Distribution:
> North America -- Operations in 9 States, 1 Province
> States/Provinces with Greatest Density: 5 in FL, 3 in NY, 3 in CA
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 900-1,200 SF; SF, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $150-200K
Total Investment: $284-480K
Average Total Investment: $382K
Minimum Net Worth: $$400K
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 2%
>Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 7-10/7-10
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 13
On-Going Support: B,C,D,E,h,I (for an explanation click here)
Training: 1 Week New York Offices and Stores; On-going through store visits.
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.: All United States
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
|
|