Q. How much does it cost to get started?
A. The minimum opening order is about £8,000 and a dealer will need funds for advertising, first month rent, security deposit, and an ability to reinvest some early profits. The dealers most likely to start strongly are likely to have access to at least £20,000, whether in cash, 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. We can suggest obtaining credit cards that offer a low or zero percent introductory rate, essentially giving you an interest-free loan to start your business.
Q. How much time should I expect to spend on this business?
A. A. Dealers who work full time in the business in the US have reported earning $100,000 or more in profit per year. No matter what your goal is, however, plan on spending at least 35-40 hours per week on your business 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. As mentioned in the careers video on our website, conservative estimates based on data from existing dealers in the US are $150 profit per sale. However, many dealers enjoy much larger average profits per transaction of $250, $300, and above.
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. Lastly, if you are totally uncomfortable with the site search, selection, and lease negotiation we encourage you to engage a local commercial broker to assist. Individual agreements may vary.
Q. Does MBA charge me any royalties or fees?
A. No. Mattress By Appointment is a licensed distributorship, not a franchise. We appoint you as our approved dealer in a protected territory to sell products exclusively from our program.
Q. Does MBA offer ongoing training and support?
A. Absolutely. We will work to support you at every stage of the process. 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 organisation!