Sears Hometown & Outlet Stores
Partner with one of the most well-known home appliance retailers in the country! With Sears' complete training program, marketing support and attractive financing options, starting your business has never been easier. The best part is we provide the inventory! Contact us today to get started.
What Does a Sears Hometown & Outlet Stores Franchise Cost?
To buy a franchise with Sears Hometown & Outlet Stores, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $122,000 - $1,895,000. They also offer financing as well as a discount for veterans ($2,500 Off). *
Options available to franchisees:
|Veteran Discount:||$2,500 Off
Facts about this franchise:
|Home Office:||Hoffman Estates IL
Why Sears Hometown & Outlet?
Sears is one of the most trusted and preferred brands in retail and has a long time tradition of serving America. Sears Hometown and Outlet Stores, the parent company, has several retail franchise and non-franchised dealer store concepts in the market today. Friendly, knowledgeable store owners and store managers proudly serve local communities and offer in their markets the largest selection of home appliances; tools; lawn and garden equipment; Sears brands including Craftsman®, Kenmore®, Diehard®, exceptional customer service; price match guarantee; credit; delivery; installation services and protection agreements. Sears Hometown and Outlet Stores are backed by the strength of the Sears name and brand which has served and been trusted by generations for more than 125 years.
The Sears Hometown Difference
Starting your own business can be both a rewarding and complex process. As one of America’s premier retailers, Sears Hometown knows what works and what doesn’t. Unlike many other franchises and dealer concepts, Sears Hometown offers smart business models that allow you to do what you do best – develop and maintain relationships with both customers and the community. There is a low cost of entry; no franchise fees, license fees and no inventory or transportation expense.
Store ConceptsSears Hometown isn’t just another retail franchise or licensing opportunity. We are America’s brand. Our various store formats set the standard of excellence for quality and dependability for millions of households across the United States.
Store Opportunities Available
Hometown Stores – Prospective owners who wish to open a new store must have a minimum of $20,000 cash and a positive net worth of at least $100,000. Sears Hometown Stores range from 8,000 to 10,000 square feet with approximately 70% of the space devoted to selling square footage. The actual square footage of your store will vary by the size of the market and availability of real estate. Minimum building front must be at least 55 feet with windows. Ceiling height must be between 10 ft. and 14 ft. Based on our experience, the estimated start-up cost for opening a new Sears Hometown Store is between $60,000 and $85,000, plus recommended operating capital. Actual expenses are dependent on many factors including the square footage, merchandise assortment and geographic location of your store.
Store Within A Store Space Requirements – Sears Hometown is looking to partner with strong suburban or rural businesses that have home goods product offerings aligned with the Hometown Store’s assortment and at least 1,800 square feet of selling area available within their existing location. This dealership opportunity allows independent furniture, ﬂooring, hardware and related home category store owners to expand their product lines to better cater to consumer demand. Merchandise options include an appliance only format or appliances with tools and lawn and garden equipment. The estimated start-up cost for opening a Store within a Store is between $26,000 and $32,000.
Buy An Existing Store – Established Sears Hometown Stores are available for purchase through existing owners. Negotiations and agreements to purchase an existing store are solely between the owner and prospective buyer. However, Sears Hometown Stores must ﬁrst grant the candidate approval, based on their qualiﬁcations to own and operate a Sears Hometown Store. Qualiﬁcations will be determined during the recruitment evaluation process.
Location, Location, Location… – Our basic requirements are:
- Location in primary retail corridor
- High traffic area
- Close proximity to major retailers
- Visibility to consumers
Our team will assist you in either reviewing your current business location, or locating real estate that meets with our approval. Your responsibility is to secure property either by lease or ownership. We are with you through the retroﬁt or building stages and as you prepare your store to open for business.
*Permits, real estate costs, taxes etc. will vary by state and municipality.
What qualiﬁcations are essential to become a Sears Hometown Store owner?
The ideal owner candidate is outgoing, results-oriented and committed to success. You need to be able to motivate and manage employees and have a good basic knowledge of business and ﬁnancial principles. You may beneﬁt from previous management and sales experience.
Do I pay any fees or royalties to Sears Hometown Stores?
For Hometown Stores and Stores within a Store there are no fees or royalties. The inventory remains under Sears Hometown ownership; so there are no inventory costs.
How much money can I make?
Proﬁtability varies depending upon a number of factors including: the amount of sales, store location, number of households in the market, operating expenses, lease/real estate costs, and your ability to manage and control the business.
Can I hire a manager for my store?
Yes. The owner is responsible for all employee and staffing decisions.
Do I provide a location and the building?
Yes. Our team will assist you in ﬁnding a location and facility that meets with our approval. Market requirements and your resources will determine whether you will buy, build or lease your facility.
What kind of assistance do I receive in planning my store?
Our team will guide you through the market analysis, site location, lease negotiations, and construction/retroﬁt. We will also provide instructions on ﬁxture set up and merchandising the store and help prepare for the opening.
What type of training do I receive?
Our dedicated training staff will instruct you in the day-to-day operations and management of your store. Initial training will take place in one of our Certiﬁed Training Stores, operated by our best Sears Hometown Store owners.
Next, you will be ready for an impactful week of training in our Training Store in Dekalb, IL and our Headquarters in Hoffman Estates, IL, where you will learn in-depth information about selling skills, commissions, advertising, operational processes and merchandising your store.
Our training also includes extensive online learning through our Inspired To Learn web based training system designed for both the owner and their employees. This system provides monthly training packets with specially featured products or services, our Sales Today digital publication with product information/selling strategies and much more.
Note: Always seek the advice of competent counsel regarding any legal and ﬁnancial issues.
Sears Hometown & Outlet Stores has received the following awards and acknowledgements:
Franchise Gator Top 100 (2015, 2016); Franchise Gator Fastest Growing (2015)
Sears Hometown & Outlet Stores is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
Here are some other suggestions in the same category that you selected
We build and scale Amazon stores for our clients by helping automate all inventory management tasks from account health monitoring to 24/7 customer service. Learn more now
40k Minimum Cash Required
There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a…
50k Minimum Cash Required
We build and scale Amazon businesses for our clients by helping automate all inventory management tasks, keeping account health in great condition, inventory monitoring, 24/7 customer service, and helping to automate any and…
40k Minimum Cash Required
For the last 24 years, HealthyYOU Vending has offered franchise-level support with NO royalties or other ongoing fees. New business owners can start part time and keep their job & benefits. Completely flexible schedule with…
60k Minimum Cash Required
Work From Home Opportunity! COVID & the Impending RECESSION = Roughly 11 million houses hit the market for pennies on the dollar! Now is the best time to invest since the housing crash of 2008 which created more millionaires…
30k Minimum Cash Required
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
28,990 Minimum Cash Required
Minuteman Press is an essential B2B print & marketing franchise. Our customer service driven business model provides digital print, design and promotional services to businesses. Learn more today about how you can achieve you…
70k Minimum Cash Required
Own your own diversified finance business approving what banks decline and offering more competitive solutions on what banks approve. Six to Seven figure income potential. True recession resistant model. Not a Franchise.…
20k Minimum Cash Required
Anchored Tiny Homes (ATH) is on a mission to solve the housing crisis in the United States. As the only accessory dwelling unit (ADU) franchise on the market, ATH allows Franchise Owners to make a difference in their…
100k Minimum Cash Required
First on the scene and best in its class, Sky Zone created the world’s first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. Now you can be part of this international…
500k Minimum Cash Required
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…
3,995 Minimum Cash Required
We will build, manage, & scale a 100% done-for-you Amazon FBA E-Commerce business. Giving you truly hands-free passive income. Powered by a 100% money-back guarantee. Our company utilizes partnerships with established brands,…