Bedding franchise offers $275,000 incentive for new Sydney franchisees
A bedding franchise has announced it is offering a $275,000 incentive package for new candidates in Sydney.
Bedshed, an Australian bedding franchise, is offering the incentive which will be available for six months from October 2016 to March 2017 for up to five new Bedshed stores in the Sydney metro region.
Gavin Culmsee, general manager, said it was the chance of a lifetime for local entrepreneurs to start their own business and secure their financial future.
“We believe that by providing this ‘once in a lifetime’ incentive, suitable franchisees looking at opportunities of this nature in Sydney can accelerate and improve their initial return on investment,” he said.
“We are confident this will place Bedshed at the top of their shopping list and look forward to a positive response.”
A member of the Franchise Council of Australia, Bedshed was established in Perth, Western Australia in 1980 and operates a network of over 30 stores.
“We have always wanted to build our brand in the Sydney region, but wanted to do it in the right way with the correct level of support in place,” said Culmsee.
“We’re keen to find the right people to help us grow.”
The region also offers multisite opportunities for the eligible candidates.
“If you’re passionate about running your own business but also want the support of a trusted brand behind you, we want to hear from you,” he added.
What you need to know:
- The $275,000 incentive is per franchisee, not across the five selected.
- The initial franchise fee of $75,000 will be waived, and Bedshed will contribute $200,000 over and above marketing contributions for each new franchise store over two years. Overall, this is an incentive valued at $275,000.
- The offer is open to the first five stores to open, and is only available for six months (October 2016 to March 2017).
- Criteria for selection is as per the Bedshed process and includes a number of interviews, to ensure the candidate is the right fit, including culturally, for the business.