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$300,000 and $100,000 in available liquid
cash. Franchise fees run from $30,000 to
$50,000 for a renewable 15-year agreement
– and 40 percent of all franchisees own
more than one unit, with an average of 10
employees per unit.
“You look at some of these concepts that
they’re in, and they’ve got to keep growing
into all sorts of different territories just to
keep growing,” Larson said.
“The Slumberland franchise has certainly a
lot of opportunities in theMidwest still.”
The company was created as a mattress-
only specialty operation by a father/son
team in 1967, and was purchased soon after
by Larson’s father, Ken, to begin a family
ownership chain that still exists today.
Mattress-only shops were a rarity in those
days, Larson said, and the market was
“The Slumberland franchise
has certainly a lot of opportunities
in the Midwest still.”
June-July 2014
