Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Picture of someone looking to the right

Find the perfect
franchise

Find the perfect
franchise you can open

Take our quiz to see a personalized list of local franchise opportunities.

Newport Furnishings
Franchise

Newport Furnishings Franchise

Newport Furnishings® is a low overhead warehouse showroom of lifestyle home furnishings, offering furniture styles similar to those found at Crate & Barrel ® , Pottery Barn ® , Restoration Hardware ® , Z Gallerie ® , Room & Board ® , Storehouse ® and Williams Sonoma Home ® . Newport Furnishings ® has access to many furniture manufacturers offering medium to very high quality furniture at significant savings to the consumer because of the low overhead business model.

Facts & Figures

Investment
$100,000

Overview

Newport Furnishingsis a low overhead warehouse showroom of lifestyle home furnishings, offering furniture styles similar to those found at Crate & Barrel , Pottery Barn , Restoration Hardware , Z Gallerie , Room & Board , Storehouse and Williams Sonoma Home . Newport Furnishings has access to many furniture manufacturers offering medium to very high quality furniture at significant savings to the consumer because of the low overhead business model.This is a business opportunitythat is for young-minded, ambitious sales/design oriented individuals/couples that work well with female consumers and have the desire to be a business owner with the ability to control their own destiny, but have the willingness to benefit from, and work within, a partnership with a successful business and a proven model. Chuck and Denise Haney are Co-Owners and Co-Founders.The company has been the recipientof numerous awards and recognitions. Most recently, it was presented with the Inc. Magazine, Top 100 Companies in Urban Areas for 2005, 2004 and 2003. Prior to this the company was the recipient of The Sterling Award as the Small Business of the Year for 2003 by the Scottsdale, Arizona Chamber of Commerce. Newport Furnishings has received similar awards from the Greater Phoenix Chamber of Commerce in 2002 and the National Association of Women Business Owners in 2001. Unlike franchising, where new owners accept all the risk while paying a fee based only on sales, Newport's joint venture partners (JVP's) share the risks, rewards - and bottom line - with the Haney’s.Most of Newport's current JVP'sentered the business opportunity without retail or business experience. What they did have was the same entrepreneurial spirit and desire to help people that the Haney’s used to start their business. "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." This is a Joint Venture Partnership.Both partners share in the risk and reward of the business, unlike a franchise in which the franchisor takes a cut of the top line of income and has no vested interest in the profitability or debt obligations of the business. Several hundred thousand dollars or more would be necessary to open a traditional retail furniture store. This business can be cash flow positive quickly and has the potential for significant net operating profits for the right partner.

WE ARE NOT A FRANCHISE – BUT A BUSINESS OPPORTUNITY THAT IS A JOINT VENTURE PARTNERSHIP!

The Newport Furnishings business model operates best in markets with population bases of 500,000 people or more. At this time, our goal is to open locations in major metropolitan areas of this size or larger. Please keep this consideration in mind before submitting your questionnaire. Thank you.

Please Note: This Newport Furnishings advertisement, and all other franchise opportunities, franchises for sale, business opportunities, businesses for sale, franchise financing providers, and other advertisements on this website should not be considered an offering or solicitation, and they are not recommended, endorsed, or approved in any way by FranchiseClique.com. All listings and advertisements on this website are submitted to Franchise Clique by the franchise, business opportunity, business for sale or other advertiser, and that information is relied entirely on for the truthfulness and accuracy of the information provided. Franchise Clique has no stake in these companies, and have not independently verified any of the information submitted, no responsibility for its accuracy or completeness is assumed by Franchise Clique. Persons submitting the inquiry form are under no obligation to purchase or otherwise utilize any services offered, they are simply requesting more information on the franchises or business opportunities listed. Please review the full advertisement before responding.

Related

Is this your franchise?

Contact us to unlock your franchise's page to add content and get leads!