Garner
Hospitality · Hotels & Extended Stay
- Active units
- 10
- Royalty
- 5.5%
Franchised, year-end 2024
of weekly Net Sales
About Garner
Garnero Arredamenti | Fossano is a trusted brand in the furniture and home decor industry with over 40 years of experience. We offer a wide range of high-quality, Italian-made furniture and accessories. Whether you're looking to furnish your living room, bedroom, kitchen, office, or outdoor space, we have the perfect products to suit your style and budget. Our commitment to quality and affordability sets us apart. With direct relationships with manufacturers, we're able to offer competitive prices without compromising on the beauty and durability of our products. We also provide a 2-year warranty on all our online furniture purchases, giving you peace of mind. At Garnero Arredamenti, we prioritize customer satisfaction. Over 39,000 customers choose us each year, with 94% returning for their future furniture needs. We offer insured and trackable shipping, ensuring your purchases arrive safely and on time. Additionally, we offer a hassle-free 14-day return policy, so you can shop with confidence. Take advantage of our Pronta Consegna and Outlet sections for in-stock and discounted items. Transform your home with style and affordability by shopping online at Garnero Arredamenti.
Key terms
- Franchise fee
$50k
- Discretionary fee reductions/waivers
Holiday may elect to reduce or waive some initial fees after considering criteria
- Brand fund
3.0% of Net Sales
- Local advertising
0.0% of Net Sales
- Veteran discount
Not offered
Brand Percentile Rankings
Growth
- Total locations10
Franchised units open at year-end
- New openings8
Gross new units opened during the calendar year
- 1-year unit growth rate400.0%
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio8.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$7.4M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.5%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 53 of 55 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.