If your home is your castle, then a furniture retail franchise is the means by which you turn your house into a home. Entrepreneurs that are interested in helping homeowners personalize their living spaces would be smart to consider a furniture store franchise. Home furnishing retailers offer consumers a way to bring comfort, style and function to their homes, while engaging in a business opportunity with long-term growth potential.
Furniture and homeware revenue is expected to grow annually by 12.5% through 2022.
58% of consumers 30 - 49 y/o expect high quality from a furniture shop when they're there in person.
The U.S. comes in second in terms of furniture spending, almost $50 million in 2017.
In 2017, the average U.S. consumer spent about $380 a year on furniture and homeware.
Within home furnishings stores there are many options. A traditional store will offer a wide range of styles and price points for consumers to choose from to fill their homes. But there are also stores that focus on outdoor furniture exclusively or smaller furniture items and accents, or that offer design services. You could even specialize by focusing on a particular item, such as lamps and lighting or mattresses. A furniture retailer is a great business opportunity for anyone who enjoys helping people make their homes personal and functional.
Furniture retailers help consumers create a home, by translating their furniture needs into a lifestyle that is welcoming and comfortable to themselves, their family and friends. An entrepreneur who enjoys interacting with the public to help them create and style their living spaces will enjoy owning a furniture retail franchise. Carefully select the type of home furnishings franchise that meets your business goals, as well as the needs of the community you will serve.
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