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Rafters Home Stores
Rafters is part of Canada?s largest gift group. Their parent company Franchise Bancorp owns the Liv Canada Gift Group and was founded by E.K. Loyst, a former advertising executive, in 1968. Franchise Bancorp has 35 years of success with the buying power of 117 stores and over $60 million in combined network sales. From kitchen gadgets to limited edition collectibles of fine porcelain, The Liv Canada Gift Group is the largest gift chain in Canada. Every major city now either has a Panhandler, Rafters, Abington's, or Rafter's Home Store; some cities have a combination of all 4 concepts. From coast to coast across Canada, these exciting franchise concepts are rapidly becoming a household name.
Facts & figures
$70,000 is required in available capital if you want to become a franchisee. The lowest you can expect to invest is $200,000 if you want to become a franchisee. $350,000 is the most that Rafters Home Stores expects its owners will need to invest in a new location. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location. There are currently 25 Rafters Home Stores units in operation.
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