Total investment:

€ 239,256

Franchise fee:

€ 25,000

Royalty fee:

3,5%

Monthly marketing fee:

10000

Number of franchises

Return (ROI)

Time period

Revenue:

12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundation year: 1998

Year of franchising: 2016

Company units: 3

Franchise units: 0

Total number of units: 3

Number of employees per unit: 2

Contract period: 60 months

The brand Heavens has been created by a company having almost twenty years of experience in manufacture of mattresses and bedroom furniture. Company’s mattress and upholstery furniture manufacturing is located in Jelgava city and Apgulde Manor. The beauty and historical importance of Manor place inspires for creative and purposeful work. Bedroom collection created by the company together with designers are recognised and appreciated all over the Baltic countries. Heavens work every day so that people can spend peaceful nights in the beds that Heavens have nurtured.

Heavens ideal candidates are experienced investors of luxury segment, with retail experience in luxury furniture segment (desirable in mattress selling); financially liquid to invest and expand in business; knowledge of mattress and furniture certification preferable.

Heavens will support and assist before concept store opening, in daily sales and new collection launch. Heavens team will train sales personnel (concept, sale tools, manufacturing and material choosing, price policy and business operating standards). Heavens provide with full marketing materials, sales and concept support.

Advertisement fee: 10 % (in year 1) then 2,5% (in following years)
Length of franchise agreement (in years): 5 (with possibility to renew)
Return on Investment (in months): 12-24
Number of employees in 1 unit: 1-2
Number of total units: 3


Tija Gertzone

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