Why Mattress Depot USA? (Why Should I Join?)
People want to live happier, healthier lives through better sleep. Our business model provides customers with better sleep by providing a combination of sleep education, high-quality products and low prices in a friendly, low-pressure environment.
As a franchising opportunity, Mattress Depot USA offers a combination of profitability, long-term sustainability, attractive cost of entry and comprehensive corporate support all in an industry segment that continues to grow.
If you are considering a Mattress Depot USA franchise opportunity, then chances are you have experienced better sleep first hand as a valued customer. Maybe through research you stumbled upon our website or somebody referred you to us. Whatever your reason, now is an exciting time to become part of a concept that people of all ages enjoy.
The Industry (What is the Mattress Market Share?)
We operate in the U.S. mattress retail market, in which net sales amounted to approximately $12 billion in 2011. The mattress retail market has seen growth in the past 18 out of 20 years.
No Experience Needed (Do I Need Experience?)
If you are interested in opening a Mattress Depot USA franchise but may be hesitant to move forward because you don’t have experience, you don’t have to worry. All franchisees are trained to efficiently own and operate their store. After training you will feel confident in running a successful store by the time the doors open.
What is the Franchising Fee?
How Much Does it Cost to Open a Mattress Depot USA?
You won’t have to un-stuff your mattress to open a Mattress Depot USA franchise.
Average cost to open a Mattress Depot USA franchise store runs in the range of $161,200 to $331,900.
|Type of Expenditure||Low Amount||High Amount|
|Initial Franchise Fee||$39,000.00||$39,000.00|
|Equipment, Fixtures, other Fixed Assets, construction, remodeling, leasehold improvements and decorating costs. (Note C)||$37,500.00||$117,000.00|
|Inventory to Begin Operating (Note D)||$26,500.00||$53,000.00|
|Security Deposits, utility deposits, business licenses and other prepaid expenses||$1,000.00||$3,000.00|
|Marketing (Note F)||$24,000.00||$37,000.00|
|Legal & Accounting Fee||$500.00||$2,500.00|
|Additional Funds (Working Capital) 3 months (Note J)||$22,000.00||$48,500.00|
What is the Franchising Process and Timeline?
- Research/Initial Review/Contact – (Now thru Month 1)
A potential franchisee should research all available avenues to determine if the opportunity provides the right fit. At Mattress Depot USA, we are highly selective regarding the growth and integrity of our brand. Candidate should contact us by email, phone, fax, or other means to have a Mattress Depot USA franchise team member start the initial review process. Candidate completes Franchise Application
- Opportunity Overview – (Now thru Month 1)
Upon submitting your information, our team looks forward to meeting with you to provide an overview of Mattress Depot USA Franchising, our history, recent growth and strategic direction. Candidate completes Franchise Interview.
- Documentation/Eligibility – (Month 2)
Following that initial discussion, you will be provided with an application and Federal Disclosure Document. Our team will gather more information and prepare for final review. Candidate performs due diligence, reviews FDD, reaches out to current Mattress Depot USA franchisees, and continues to research Mattress Depot USA.
- Preliminary Approval/Discovery Day – (Month 2)
If your file meets expectations you will be granted preliminary approval and invited to Bellevue, WA for a Discovery Day at our home office. You will tour a store, present your business plan to our executive team, have ample opportunity for question and answers.
- Final Approval/Franchise Agreement – (Month 2)
Upon completing your Discovery Day, our executive team will consider your application and business plan for final approval. If you are approved and ready to move forward with this opportunity, then candidate sends in the signed Franchise Agreement and Franchise Fee. We look forward to welcoming you to the Mattress Depot USA Team and working with you to develop successful stores!
- Finding a Great Location – (Month 2 to Month 6)
Mattress Depot USA, along with our commercial real estate partner, will assist you throughout the entire process from site selection to a signed lease. All leases are signed by the franchisee. All proposed locations are visited in person by experienced Corporate Staff before final site approval granted.
- Construction and Training – (Month 2 to Month 6)
Once a location is selected and a lease is signed, Mattress Depot USA and its agents will coordinate with you to begin the build out process, assisting you and your general contractor from initial drawings to final inspection.
The Training Process starts 4-6 weeks before the completion the retail store. The Franchisee will attend a 10 day Franchise Training in Bellevue, Washington at the Mattress Depot USA National Training Center. Franchisee’s will spend another 5 days training “on the job” at one of our current Corporate owned retail store locations.
Construction is completed, local permits are granted and Franchisee has Grand Opening!
How Do I Get Started?
We are thrilled that you are ready to learn more to open your own Mattress Depot USA location. Please contact us at firstname.lastname@example.org to get started.