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LAST UPDATED: August 2024FRANCHISE WEBSITE:&nbsp;<a href="https://www.slumberland.com/pages/franchise-opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">https://www.slumberland.com/pages/franchise-opportunities</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;120+REPORTED COST TO GET IN:&nbsp;$829,500 - $3,215,000REPORTED ROI (Item 19):&nbsp;$3,181,342 (average gross revenue for 2022)<a href="https://www.slumberland.com/pages/franchise-opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Slumberland Furniture</a> offers a strong opportunity for entrepreneurs looking to break into the home furnishing industry. While it does require a higher investment than many other home-focused franchises — such as those in the home services space — the brand brings decades of history, comprehensive training and ongoing support.&nbsp;Slumberland’s family-owned model and well-established brand name make it a favorite of many, positioning franchisees to capture a large market share and build lasting relationships with customers.<h3>How Many Slumberland Locations Are There?</h3>Slumberland has grown to over 120 locations, concentrated in the Midwest, in its nearly 60 years of operations. As it has scaled, embracing the franchise model to propel expansion, it has remained a family-owned business. This — alongside its commitment to classic, stylish furniture that is affordable, easy to maintain and easy to love — makes it a clear winner with consumers, standing out in the largely overpriced, overcrowded furniture market.<h3>What Is the Slumberland Business Model?</h3>Slumberland is a family-owned furniture retailer that offers quality, affordable furniture. In addition to a showroom and retail space, Slumberland franchisees are also part of a rich regional distribution network that can “quick-ship” products to customers. Slumberland also has an ecommerce arm to cater to digital shoppers.<h3>How Much Can Slumberland Franchise Owners Make?</h3>According to the brand’s 2023 Franchise Disclosure Document, the average gross revenue for a franchised Slumberland in 2022 was $3,181,342.<h3>How Much Does It Cost To Open a Slumberland?</h3>The estimated initial investment required to begin the operation of a Slumberland franchise ranges from $829,500 to $3,215,000. This includes:<ul><li>Initial Fee:&nbsp;$45,000 - $55,000</li><li>Wages, Travel and Living Expenses During Training:&nbsp;$1,000 - $6,000</li><li>Building Lease (three months):&nbsp;$9,000 - $150,000</li><li>Leasehold Improvements:&nbsp;$100,000 - $1,500,000</li><li>Furniture, Fixtures and Equipment:&nbsp;$150,000 - $400,000</li><li>Technology and Hardware:&nbsp;$50,000 - $85,000</li><li>Signs:&nbsp;$20,000 - $60,000</li><li>Delivery Vehicle Leases (three months):&nbsp;$4,500 - $9,000</li><li>Initial Inventory:&nbsp;$300,000 - $650,000</li><li>Additional Funds (three months):&nbsp;$150,000 - $300,000</li></ul><h3>What Is the Franchise Fee for Slumberland?</h3>Slumberland notes an “initial fee” of $45,000 - $55,000.<h3>Who Is the Leadership of Slumberland?</h3><ul><li>Kenneth S. Larson — President and Chief Executive Officer</li><li><a href="https://www.linkedin.com/in/michael-larson-68b99120/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Michael P. Larson — Chief Operating Officer</a></li><li>Clay Diggins — Vice President, Franchising</li><li><a href="https://www.linkedin.com/in/gayle-voigt-frolek-5b464b39/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Gayle Voigt-Frolek — Vice President, Business Development</a></li></ul><h3>What Helpful Articles Can I Read To Learn More?</h3><ul><li><a href="https://www.prnewswire.com/news-releases/acima-leasing-is-named-the-exclusive-lto-partner-for-top-furniture-retailer-slumberland-furniture-customers-302175659.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Acima Leasing Is Named the Exclusive LTO Partner for Top Furniture Retailer, Slumberland Furniture Customers</a></li><li><a href="https://www.bemidjipioneer.com/community/slumberland-helps-make-homes-for-the-holidays-for-area-families-1?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Slumberland Helps Make ‘Homes for the Holidays’ for Area Families</a></li><li><a href="https://kgfw.com/2023/11/28/grand-island-slumberland-donating-50-mattress-to-families-in-need/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Grand Island Slumberland Donating 50 Mattresses to Families in Need</a></li><li><a href="https://www.bbb.org/us/mn/oakdale/profile/furniture-stores/slumberland-inc-0704-1011/customer-reviews?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Customer Reviews for Slumberland, Inc. | Better Business Bureau</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Check out these three 1851 brands:<a href="https://1851franchise.com/boconcept/info">BoConcept*</a><ul><li><a href="https://www.boconcept.com/en-us/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of August 2024):&nbsp;300+&nbsp;</li><li>Investment Range: $350,000 - $750,000</li></ul><a href="https://1851franchise.com/greenhomebuildersusa/info">Green Home Builders</a><ul><li><a href="https://ghbuildersusa.com/become-a-gh-builder/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of August 2024): Not publicly available&nbsp;</li><li>Investment Range: $285,600 - $2,581,000</li></ul><a href="https://1851franchise.com/sola-salons/info">Sola Salons</a><ul><li><a href="https://www.solasalonstudios.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of August 2024):&nbsp;700+&nbsp;</li><li>Investment Range: $924,021 - $1,957,824</li></ul>Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-slumberland-franchise-costs-fees-profit-and-data-2726994" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Slumberland Franchise Deep Dive: Units, Costs and Earnings

1851 Franchise

The furniture retailer franchise brings nearly 60 years of experience to the industry, backing franchisees with a strong model and multiple revenue streams.

Franchise Deep Dive: Slumberland Franchise Costs, Fees, Profit and Data

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Franchise Deep Dive: Slumberland Franchise Costs, Fees, Profit and Data

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