BoConcept FDD Summary
Type of Business
The franchise offered is for the business of selling retail furniture and related products, under the name of BoConcept and which is owned by BOCONCEPT FRANCHISE, INC. and its affiliated companies.
Corporate Information
BoConcept Franchise, Inc.’s current principal business address in the United States is 142A LeFante Way, Bayonne New Jersey 07002. The principal business address of their parent company in Denmark (BoConcept Holding A/S) and all Danish affiliates is: Morupvej 16, DK-7400 Herning.
Investment
The initial entrance or franchise fee is $30,000.00 for a franchise. The amount of the franchise fee may vary dependent upon the location of a franchise and the number of franchises purchased. The total investment necessary to begin operation of a BoConcept Franchise, Inc., franchised business is between $375,612.00 to $789,212.00, dependent upon the size and location of each store. This includes $30,000.00 franchise fee and between $95,000.00 and $160,000.00 for initial inventory including accessories and furniture product displays, and between $15,000.00 and $30,000.00 for store Buildout/shopfitter, and an initial fee of $2,023.00 for AXAPTA (inventory, sales, delivery software) and User license of $7,689.00, that must be paid to the franchisor or its affiliates as the initial fees.