Bedshed Chief Operating Officer, Gavin Culmsee, explains the calculator was introduced to address a gap in the information available to potential franchisees.
"The Bedshed Franchise Calculator helps people compare apples with apples before they start spending money on accountants and financial advisors. We think Bedshed will stack-up well against any other franchise and we’re willing to put ourselves to the test.
"We’ve got 30 years of profitable franchise history, with Bedshed stores retaining strong goodwill value should the franchise be sold."
Mr Culmsee says Bedshed is in a strong position despite the challenging retail environment.
"Bedshed is defying the odds thanks to its strong business model that has stood the test of time, the buying power of a large national group and a network of franchisees driving their own business,” he said.
“In fact, we’re expanding our franchise network and looking for new partners to share in our success. Bedshed offers support,
specialised advice, training and a proven structure which takes a lot of the risk out of running your own business,” Mr Culmsee
With a stronghold over Western Australia already, Bedshed’s expansion plans focus on the east, particularly New South Wales, Tasmania and Queensland.
“We have limited Bedshed outlets on Australia’s east coast, which means new franchisees have the chance to take market
share from competitors, with significant behind the scenes support from the company and fellow franchisees.”
New Bedshed franchisees don’t have to have experience in the bedding industry, nor is franchise or business experience a must.
“We’re looking for people who are committed to making their business successful and willing to put in the effort to reap the reward. We hope to find prospective franchisees with the vision and drive to grow their business and in doing so, secure their
financial future and achieve their desired lifestyle.”
Don Bantock and his wife Gretchen bought a Bedshed franchise in Osborne Park, WA in 1986, not long after franchising commenced.
“Franchising was a new concept to me at the time, but we took a leap of faith and here we are still running that successful business more than 25 years later,” Mr Bantock said.
The world has changed a lot since the Bantocks opened the doors of their Bedshed franchise.
“Customers today are well-versed in product features. They’ve usually done their research online and already know what they
want to test out when they come in store. Technology has changed significantly as well from computers and mobile phones to the way customers pay for their goods.”
Don and Gretchen have participated in many of Bedshed’s famous international product buying trips and Don held a position on the Merchandise Advisory Council for a number of years.
The Bantocks attribute their success to their excellent staff, particularly store manager Brenda Ward, a former Bedshed franchisee herself who has been with them for 26 years, and the support of the franchisor.
When asked about the most important considerations for prospective franchisees, Mr Bantock said they should be prepared to look at the big picture because franchises are not overnight investments.
“Also think about whether you want to work as part of a team or go it alone. If you enjoy working collaboratively and having back-up, then franchising is for you.”
For more information about Bedshed franchise opportunities, please contact Bedshed National Business Development Manager, Rod Parker on;