Forty Winks: Australian-Owned Franchise for Bedding, Mattresses, Furniture & More | ChooseFranchise.com

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Forty Winks

ABN :

38059512640
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Forty Winks is the ultimate destination for all things sleep-related. With over 38 years of experience in the business, this Australian-owned and operated franchise has established itself as the go-to for bedding, mattresses, manchester, bedroom furniture, sofa beds, and other related products and accessories.

Each Forty Winks store is independently owned and operated, allowing franchisees to tap into the proven success of the brand while maintaining the autonomy to run their business as they see fit. With 103 locations across Australia, Forty Winks has a solid presence in every state and territory and is now seeking new franchisees to join their expanding network in ACT, NSW, NT, QLD, SA, TAS, VIC, and WA.

At Forty Winks, franchisees can expect to receive comprehensive training and ongoing support from the franchisor to ensure the success of their business. With a strong focus on customer service, marketing support, and product knowledge, franchisees are equipped with the tools and expertise to provide their customers with the best possible shopping experience.

The cost of setting up a Forty Winks franchise varies depending on the location and size of the store, but the franchisor provides flexible financing options to help franchisees manage the upfront costs. In addition, ongoing fees are percentage-based, meaning that franchisees only pay a portion of their sales to the franchisor on an ongoing basis.

Joining the Forty Winks franchise network is an attractive opportunity for anyone interested in operating their own business in the booming bedding and furniture industry. With a reputation for quality products and exceptional customer service, Forty Winks is a brand that customers trust and love. Plus, with the backing of a reputable franchisor, franchisees can enjoy the benefits of owning their own business without having to start from scratch.

Overall, the Forty Winks franchise opportunity is not one to miss. With a proven business model, extensive training and support, and a strong presence across Australia, joining the Forty Winks family is the first step to becoming a successful business owner in the bedding industry. Enquire today to learn more about this exciting opportunity!

Industry Division

RETAIL TRADE

Industry Sub-Division

Other Store-Based Retailing

Address of the franchisor’s registered office

BGL Partners 1B Riddell Parade Elsternwick VIC 3184

Address of the Principal business office

88 Peters Avenue Mulgrave VIC 3170

Where the franchise currently operates

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Where the franchise is planning to expand

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Last month of franchisor’s financial year

Not Provided

Year in which the last financial year ends

Not Provided

Years In Operation(Years)

39

Supplier Restriction

Yes

Franchisor Can Change Agreement

No

What is the standard term of franchise agreements

5 or more years

Are franchisees entitled to compensation for goodwill in the business

At the end of the Term the Franchisee will not be entitled to any compensation for goodwill from the Franchisor. However the Franchisee may seek to sell during the Term and the purchase price may include a goodwill component.

Are franchisees subject to a restraint of trade (or similar) clause

Yes

Franchising Agreement URL

Not provided

Option For Renewal

Yes - Subject to new agreement AND conditions

Public Email

[email protected]

Public Phone Number

0395745100

Website URL

https://www.fortywinks.com.au/

Youtube Link

Not Provided

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Key Facts Sheet Url

Not provided

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Minimum Investment

Not Provided

Maximum Investment

Not Provided

Minimum Ongoing Payments

Not Provided

Maximum Ongoing Payments

Not Provided

Minimum Other Payments

Not Provided

Maximum Other Payments

Not Provided

Total Owner Franchisors

106

Total Co-orporate Franchises

Not provided

Disclosure Url :

Not provided

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What are 3 reasons someone should invest in a Forty Winks franchise?

1. Forty Winks has over 38 years of experience in the bedding and furniture industry, making it a trusted and reliable brand for customers. As a franchisee, you'll have access to this proven success and reputation, giving you a head start in your own business venture.

2. With 103 locations across Australia and a strong presence in every state and territory, Forty Winks offers franchisees the opportunity to tap into a large and loyal customer base. This, combined with comprehensive training and ongoing support from the franchisor, means that franchisees are well-equipped to provide their customers with the best possible shopping experience.

3. Franchisees also benefit from flexible financing options from the franchisor to help manage upfront costs, as well as percentage-based ongoing fees that are tied to their sales. This means that franchisees only pay a portion of their sales to the franchisor, giving them the potential to earn more and grow their business over time. So, if you're looking for a fun and exciting business opportunity in the bedding and furniture industry, join the Forty Winks family and start your journey to success today!

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