|Incorporated Name:||Newport Furnishings|
About Newport Furnishings
Specializing in selling furniture and home furnishings in a warehouse showroom style retail store, customers are always amazed at the low prices that they can find varying from medium to extremely high quality from name brand manufacturers.
This low overhead business model is meant to be positioned in larger metropolitan areas with a minimum population count of half a million people for the best results. Franchisees looking to expand with us into major cities are our top priority for this offering.
Values & History
Created by co-founders and co-owners Chuck and Denise Haney focus less on what is considered pure franchising and instead look to bring in new joint-venture partners. The difference is significant as the Haney's believe that franchises simply look to take a percentage of profits from royalties and provide new franchisee partners with limited resources to actually succeed with.
At Newport Furnishings, the Haney's take on the risk by helping finance new expansions with their joint venture partners. That is a key difference that makes this offer special, considering that Newport Furnishings has been in business and winning awards for its business model since the early 2000's.
When Newport Furnishings exploded onto the scene it became the recipient of a lot of recognition such as the Sterling Award as the Small Business of the Year in 2003 by the Scottsdale, Arizona Chamber of Commerce and being featured in the Inc. Magazine's Top 100 companies in Urban Areas in 2003, 2004, and 2005, just to name a few of the prestigious accolades the company has accrued.
Since then, expansion has been steady, and sales have been strong. The business model allows customers to view and choose from a wide selection and the business system allows joint partners to keep the overhead at a minimum. A smart, dedicated arrangement that maximizes profits.
Purchasing a Newport Furnishings Franchise
The Haney's are interested in new joint venture partners who are willing to share in the risk and rewards of opening a Newport Furnishings location in or near a major metropolitan area. Whether your intention is to focus on an area with vast apartment buildings and condominiums or a heavily populated suburban setting with homeowners, the important key to placement of this business operation is heavy foot traffic.
Because of the extraordinary value of furniture, we do look for middle-class bargain hunters all the way up to wealthy people looking to refurbish one of their holdings. When considering discussing a new venue strategy with Chuck and Denise, please keep these concepts in mind.
Ideal Candidate & Qualifications
"What we look for in a new joint venture partner is what I call 'hearts and smarts,'" explains Denise. "If they have a strong desire to create their own income and build equity while helping people, we can coach and mentor them on the business side."
Candidates should have strong sales skills and be comfortable working with female customers. They should be leaders who can call their own shots while staying within the parameters of the successful business model that the Haney's created and have mastered over several decades of profitable expansions and creating a strong brand that has proven impervious to customer buying fads.
Training & Support
The Haney's provide a tremendous amount of coaching by themselves and other experts who they have cultivated over the years. New joint-venture partners will be properly taught how to build and grow a Newport Furnishings outlet with all of the best information. Every location will be supported financially, with an aggressive marketing agenda, best staffing practices, and full availability of the best product lines available from day one. This isn't a franchise where they cut the ribbon and then you are left to your own devices to sink or swim. At Newport Furnishings, you will become part of the great tradition that has proven to be a highly profitable and winning model.