Q. How much does it cost to get started?
A. The minimum opening order is about $7,500 CAD and a dealer will need funds for advertising, first month rent and security deposit, and an ability to reinvest some early profits. The dealers most likely to start strong usually have access to at least $18,000 CAD, whether in cash or credit cards, or other means.
Q. Does Mattress By Appointment offer financial assistance to help me get started right away?
A. Mattress By Appointment does not offer financing, but you can try applying with gopeer at gopeer.ca or similar funding website offerings. NOTE: Mattress By Appointment Canada is not affiliated with any funding websites or providers, and Mattress By Appointment Canada does not receive any profit from these funding sites.
Q. How much time should I expect to spend on this business?
A. As they say… ‘you get out of it what you put into it’! Dealers who want to maximize profits will work full time in the business and should plan on spending 35 hours a week or more especially for the first couple of months as you become familiar with the process and our business manual.
Q. What kind of profit can I expect to earn per sale?
A. Conservative estimates based on data from existing North American dealers are $150 USD* profit per sale, so approximately $195 CAD*. However, many dealers enjoy much larger average profits per transaction well above that amount. Depending on the transaction, you can earn in excess of $1,000 CAD* from a single sale.
*The information contained on this web page is not an earnings projection and we do not represent that any particular Mattress By Appointment dealer will achieve similar results. At this time, we have limited experience offering franchises in Canada. As a result, your experience as a franchised Mattress By Appointment dealer in Canada may differ, perhaps materially, from the information provided on this page. We relied upon the experience of non-franchised dealers in the United States to prepare this information, and as such, the information contained herein may not accurately reflect the local market conditions in Canada.
Q. Do you help me with real estate?
A. With the right location being vital to your success, Mattress By Appointment has a comprehensive guide and video tutorial to assist you in finding that exact location at the right price. Our Business Development Managers are also there to assist in your search and provide daily guidance. We encourage you to engage a commercial broker if you are uncomfortable with site searches, selection, or lease negotiations.
Q. Does MBA charge me any royalties or fees?
A. No. Mattress By Appointment is a franchise with NO FRANCHISE FEES! Once approved, you will be assigned a protected territory to sell products exclusively from our program.
Q. Does MBA offer ongoing training and support?
A. Absolutely. And the great thing is that our mentors and trainers are dealers as well! They assist in applying “real world” solutions to your concerns and questions. In addition to your mentor, we provide a comprehensive business manual, dealer networking and Facebook groups for discussions and sharing best practices. There are always many learning opportunities from many different places in our organization!