Franchise Summary
Description
As a franchisee, you will operate a retail store offering home decor, furniture, home accessory, jewelry, clothing, personal accessories, food and beverage items, and other related merchandise and products.
Company Background
Real Deals on Home Decor is a franchise opportunity that offers an affordable way to get into business. With 3,000+ retail locations in the US and Canada, Real Deals provides entrepreneurs with quick access to training, ongoing support and proven systems for success. We are always looking for new team members who are ready to take their career to the next level by owning their own store!
Franchise Opportunity
You're looking to start a business, but you don't want to work for someone else. There are many ways to make money on your own, but most of them require massive investments of time and capital. A retail home decor franchise can be the perfect opportunity for you because it allows you to build a business from the ground up without needing any prior experience or startup funds!
Corporate Structure
Real Deals, Inc. is an Idaho corporation incorporated July 17, 2006. Their principal place of business is 1881 Pole Line Road East, Twin Falls, Idaho 83301. They first offered franchises in August 2006.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Real Deals on Home Décor® franchise is between $131,500 and $214,000. This includes the $36,000 – $32,000 that must be paid to the franchisor or affiliate.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Home Goods & Furnishings Retail Industry$474,745 / unit
Franchise Type: Standard
Average Revenue During 2020
Employee Contact Database
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Distribution of Real Deals on Home Decor Franchisees
Real Deals on Home Decor Franchise System Development in 2022
FAQ
How much investment do I need to start my own Real Deals on Home Decor business?
Franchisees typically require at least $141,350 to $265,400 investment to get their Real Deals on Home Decor business started
What are the initial franchise fees for Real Deals on Home Decor?
Franchisees typically need to pay at least $30,500 in fees directly to Real Deals on Home Decor in order to earn the right to launch their business
How much money can I make with a Real Deals on Home Decor franchise? What are
the average revenues for a typical Real Deals on Home Decor business?
We estimate that the average revenue of an individual
Real Deals on Home Decor unit is approximately
$474,745. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Real Deals on Home Decor unit? What
is my contractual commitment?
Real Deals on Home Decor franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$955,599 to $978,799
which is
Much Higher
than the $0 to $0 average in the Home Goods & Furnishings Retail industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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