Tempur-Pedic logo

Tempur-Pedic Franchise

Audited Financials
RetailEst. 2017Lexington, KY
www.tempurpedic.com

Risk Score

Pending analysis

Investment Range

$953,000 - $1,653,000

Franchise Fee

$67,500

Total US Locations

114

Business Summary

Tempur Franchising US, LLC operates retail franchises that specialize in selling high-end, premium quality Tempur-Pedic mattresses and a range of related luxury sleep and relaxation products like pillows, sheets, and adjustable bases. Tempur-Pedic franchisees aim to provide customers with a dynamic, low-pressure shopping experience, offering knowledgeable assistance from highly trained sleep experts and a streamlined purchase process.

Corporate History

Tempur Franchising US, LLC was organized as a Delaware Limited Liability Company on December 5, 2017, and began offering franchises in 2018. It operates under the Tempur-Pedic® trade name, specializing in selling high-end mattresses and related sleep products. Its parent company, Tempur World, LLC, was formed in 1999, and the ultimate parent is Somnigroup International Inc. An affiliate, Tempur Retail Stores, LLC, has operated company-owned locations similar to the franchise offered since 2013, with 114 locations as of December 31, 2024.

Financial Overview

Investment Range

$953,000 - $1,653,000

Franchise Fee (Low)

$67,500

Franchise Fee (High)

$75,000

Royalty %

6%

Equipment Costs (Low)

$590,000

Equipment Costs (High)

$950,000

Working Capital

$142,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Tempur Franchising US, LLC's financial condition, as reflected in its financial statements, calls into question its financial ability to provide services and support to franchisees. The company has experienced net losses for the years ending December 31, 2022, 2023, and 2024, and its member's equity has significantly decreased over this period, which has led to a special risk disclosure in the FDD.

Financing Details

Tempur Franchising US, LLC does not offer any direct or indirect financing to its franchisees. Additionally, the franchisor does not guarantee any franchisee's notes, leases, or other obligations.

Performance Metrics

Total US Locations

114

Franchised Units

0

Corporate Units

114

Avg Square Footage

2,500

Franchising Since

2018

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Tempur Franchising US, LLC franchise agreement, franchisees must provide written notice of their intent to renew between 6 and 9 months before the initial term ends. They must not be in material breach of any obligations, have substantially complied with all agreement terms, maintain the right to occupy their approved location (or a consented substitute), refurbish the business to meet the franchisor's then-current system standards, and, as permitted by law, sign a general release of any claims against the franchisor and its affiliates.

Training & Support Program

Franchisor Assistance

Tempur Franchising US, LLC provides extensive assistance to its franchisees. Before opening, the franchisor helps with designating the protected area and site selection, reviews and approves site plans and construction, ensures products and supplies meet specifications, and conducts initial training. It also provides operating guidelines, the Operating Manual, a new store opening checklist, guidance for initial inventory and fixture package acquisition, and grand opening campaign guidelines. After opening, Tempur Franchising US, LLC continues to provide products and acquisition guidelines, offers general advisory assistance including site visits, provides expertise to improve business performance, and organizes annual or biennial conferences. The franchisor also provides specifications for advertising and marketing materials, content for approved social media pages (retaining administrative rights), and updates to the Operating Manual. It will also provide lists of approved suppliers, maintain corporate websites that list store locations, establish pricing policies where permitted by law, and administer a Marketing Fund if established.

Initial Training Hours

56

Training Location

Our Headquarters (Lexington, KY) or Virtual

Ongoing Support

After opening, Tempur Franchising US, LLC franchisees receive ongoing support including general advisory assistance, which may involve site visits, to help with operations, advertising, and promotion. The franchisor provides knowledge and expertise to improve business performance and organizes annual or biennial conferences for franchisees to discuss mutual interests and network. Tempur Franchising US, LLC also provides specifications for advertising and marketing materials, content for social media pages (with the franchisor retaining administrator rights), and updates to the Operating Manual. The franchisor maintains corporate websites to promote the brand and lists franchisee store locations, and may establish and provide minimum resale price policies. If a Marketing Fund is established, the franchisor will administer it.

Franchise Requirements

Ideal Candidate Profile

Tempur-Pedic seeks franchisees who are either individuals committed to direct, daily, and full-time involvement in the operation of the business, or business entities that appoint an Operating Principal to fulfill this role. The Operating Principal must have full authority over all business decisions and dedicate their full-time efforts to promoting and enhancing the Tempur-Pedic Franchised Business. Franchisees should not engage in any other business or activity that conflicts with their obligations to the Tempur-Pedic franchise.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Full-Time

Territory Type

Protected

Territory Size Requirements

Tempur Franchising US, LLC franchisees receive a protected area that extends up to a 5-mile radius around their approved business location. The exact size of this radius is determined based on factors like the store format, population density, local economic data, and other market trends. Generally, the radius is smaller in urban areas and larger in less populated suburban areas.

Staffing Notes

Tempur Franchising US, LLC requires the franchisee (or Operating Principal, if an entity) and their manager(s) to complete initial training to the franchisor's satisfaction. Franchisees are responsible for hiring and maintaining an adequate number of management and other personnel for the business, and for ensuring these employees are properly trained. If a manager's employment ends, a new manager must complete the required training within 60 days. The franchisor holds the franchisee solely liable for any breach of the agreement or failure to follow the System by their employees.