Bedshed is the first brand in the homewares and furniture category to gain a 5 Star rating on the Australian Franchise Rating Scale™.
Ratings are allocated following an independent and fact-based assessment across seven key categories:
- system performance
- franchisee financial performance
- franchisee engagement and satisfaction
- franchisor training and support
- franchisor financial performance
- lender relations
- compliance and assurance
To be recognised as a high performing brand, the franchise system must be able to demonstrate a high level of transparency and a very high level of franchise performance.
Satisfied franchisees
According to Darryn McAuliffe, CEO of FRANdata Australia, franchisee satisfaction was a standout feature of the Bedshed franchise system.
“A high level of franchisees reported that their financial expectations were being met in the franchise, and the overwhelming majority of franchisees indicated they would recommend the franchise to a friend or family member,” he said.
Bedshed Managing Director Gavin Culmsee said he was delighted to receive independent recognition. “Nothing is more important to us than the success of our franchisees and every decision we make revolves around this objective. We are confident that we have built very strong foundations of success over 40 years of franchising and are very excited about continuing to grow the Bedshed network with franchisees who live and breathe the Bedshed values”.
Intelligence and information
FRANdata Australia is the country’s leading franchise business intelligence and information advisory business. Rating assessment outcomes from the Australian Franchise Rating Scale™ are delivered to participating franchise systems and recorded The Australian Franchise Registry™.