BoConcept Franchise Cost, Revenue & Review 2026
- Investment
- $421K – $878K
- Disclosed sales
- not disclosed
- SBA charge-off
- Under 10 loans (8)
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
BoConcept is a furniture retail franchise selling contemporary Danish-designed furniture and home accessories. Franchisees run the showrooms, managing design consultations, sales, and delivery coordination.
FranchiseVerdict summary · 2026
A BoConcept franchise requires a total initial investment of $421K – $878K, including a $30K franchise fee. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: F (Weakest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored3 of 4 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $421K – $878K
- 40th pct Retail
- Avg gross sales
- N/A
- Royalty
- Not extracted
- Units
- 14
- 12th pct Retail
- SBA charge-off
- N/A
Quick verdict · Retail · color = vs category peers
Green = favorable by >10% vs Retail median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $421K – $878K including a $30K franchise fee.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict F (Weakest tier), verdict score 21/100 (higher is better).
- GROWTHNegative: net -4 franchised outlets in the latest year (4 opened, 8 closed); 1 signed but not yet open (Item 20).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- BoConcept Franchise, Inc.
- Parent company
- BoConcept North America, Inc.
- FDD Item 1, page 7 of the 2026 FDD
- Ultimate parent
- BoConcept A/S (Denmark)
- FDD Item 1, page 7 of the 2026 FDD
- Predecessor
- Club 8 Franchise, Inc. (renamed BoConcept Franchise, Inc. on April 4, 2006; affiliate predecessor BoConcept USA, Inc., formerly Bo Concept Holding, Inc. / Club 8 Company, Inc.)
- Prior franchisor entity
- CEO title
- President/Country Manager
- David Anderberg
- Incorporated in
- KS
- HQ
- 210 Mountain Ave #48, Springfield, NJ 07081-2211
- Auditor
- Sax, LLP
- Audited financials
- Franchisor revenue
- $162K
- vs $229K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- David Anderberg
- Headquarters
- NJ
- FDD year
- 2026
- States available
- 6
Can you afford it, and what does the money buy?
Entry cost runs 93% above the typical retail franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown22 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise/Entrance Fee | $30K | $30K | |
| Travel & Living Expenses During Training | $2K | $3K | |
| Office Supplies, Equipment and furniture | $4K | $5K | |
| Business Insurance | $2K | $3K | |
| Computer Equipment | $15K | $20K | |
| AXAPTA Software entrance and user license | $4K | $4K | |
| Accounting and Legal Professional Fees | $5K | $10K | |
| Local Architect | $20K | $50K | |
| Interim Store Manager | $0 | $20K | |
| Initial Inventory | — | — | |
| Accessories | $40K | $60K | |
| Furniture/Product Displays | $75K | $110K | |
| Lease, Utility and Security Deposit | $20K | $50K | |
| Leasehold Improvements | $50K | $150K | |
| Store Buildout by merchandisers/shop fitter and stylist | $20K | $35K | |
| Signage | $5K | $20K | |
| Store Fixtures including Lighting and Flooring | $100K | $160K | |
| Equipment and Tools | $3K | $5K | |
| Vehicles - leased | $900 | $2K | |
| Business Licenses and Permits | $1K | $2K | |
| Total initial investment | $421K | $878K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $421K – $878K
- Top 40% of category vs category
- Liquid capital req'd
- $0 – $100K
- Top 40% of category vs category
- Franchise fee
- $30K – $30K
- Top 40% of category vs category
- Royalty
- No royalty fee; franchisor revenue comes from mandatory p…
- Ad fund
- 8.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 8.0% |
| Technology fee | $150 |
| Training fee | $3K |
| Transfer fee | $25K |
| Renewal fee | $0 |
| Inventory (initial) | $115K – $170K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
BoConcept makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one BoConcept unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, royalty rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Retail median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System contracting at -33.3% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Retail medians
How BoConcept Compares
Category median of published Retail brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 14
- Opened
- 4
- Last reporting year
- Closed
- 8
- Turnover rate
- 57.1%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -33.3%
- Net unit change over 3 years
- 3-yr CAGR
- -33.3%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Signed, not yet open
- 1
- 0.07 per open outlet · Item 20 Table 5
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
11 current owners across 6 states.
- CA 3
- MA 2
- NJ 2
- NY 2
- DC 1
- VA 1
Counts only, from the list the franchisor prints in Item 20; 5 entries carry no state. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 8 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 8
- Loan volume
- $2.9M
- Median loan
- $437K
- 50th percentile
- Charge-off rate
- Under 10 loans (8)
- Insufficient SBA coverage: 8 loans, rate hidden below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Under 10 loans (8)
- 5-yr charge-off
- Under 10 loans (8)
- Loans approved 2021+
- Active lenders
- 6
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
5 disclosed cases: (1) BoConcept Princeton NJ franchisee lawsuit 2020, settled Oct 2022; (2) Rosenblum landlord suit re LA franchisee, settled Oct 2022; (3) BC Aventura Florida franchisee group Chapter 11 bankruptcy Nov 2024, closed Nov 2025; (4) Exceptional Capital CA franchisee fraud suit May 2025, settled Nov 2025; (5) Henrik Eriksen former employee RICO/whistleblower suit Aug 2025, ongoing
Bankruptcy (Item 4)
Subject: the company or an affiliate. Disclosed (Item 4 covers the last 10 years)
Franchisee group (BC Aventura et al.) filed Chapter 11 Nov 2024 in Southern District of Florida; liquidation plan approved April 2025, closed November 2025. Franchisor not a named creditor.
Audited financials (Item 21)
Yes · Sax, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Item 21 audited financial statements (Sax, LLP, report dated July 24, 2025, FYE April 30, 2025/2024/2023) are attached as Exhibit A but the audited income statement/balance sheet figures are not present in this text extract; only an unaudited internal income statement and balance sheet through 12/31/2025 was captured (unaudited total stockholders equity $37,164.26, total assets/liabilities effectively nil). Franchisor adopted ASC 606 for revenue recognition.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 21 / 100 verdict
- 01MINORUnit count collapsed 22.2% YoY (23 units remaining) indicating severe system deterioration and franchisee exits
- 02MINORMultiple active lawsuits including allegations of franchisor scheme to eliminate franchises, suggesting hostile franchisor-franchisee relationship and potential bad faith practices
- 03MEDNo disclosed average revenue or net income data (Item 19 missing) prevents validation of franchisee profitability claims
- 04HIGHBankruptcy involving Florida-based stores and multi-claim litigation by southern California franchisee suggests operational/financial distress across geographies
- 05MINORLease guarantee dispute and wrongful termination/whistleblower suit indicate governance and HR issues that may signal broader management dysfunction
- 06MINORHigh initial investment ($420,900–$877,500) paired with unknown royalty structure creates opaque cost-of-operation picture
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 14 days |
| Mandatory arbitration | Yes |
| Arbitration location | Copenhagen, Denmark |
| Jury trial waiver | Yes |
| Governing law | Danish law (Denmark) |
| Litigation count | 5 |
View Item 3 litigation summary
5 disclosed cases: (1) BoConcept Princeton NJ franchisee lawsuit 2020, settled Oct 2022; (2) Rosenblum landlord suit re LA franchisee, settled Oct 2022; (3) BC Aventura Florida franchisee group Chapter 11 bankruptcy Nov 2024, closed Nov 2025; (4) Exceptional Capital CA franchisee fraud suit May 2025, settled Nov 2025; (5) Henrik Eriksen former employee RICO/whistleblower suit Aug 2025, ongoing
Items 10, 11
Training & Operations
- Classroom training
- 52 hrs
- On-the-job training
- 74 hrs
- Training location
- Corporate offices (NJ or Denmark) or franchisee location or virtual
- Ongoing training
- Required
- Field support
- 73 hrs/yr
- On-site visits per year
- Site selection
- Franchisee selects, franchisor must approve
- Franchisor financing
- Not offered
- Item 10
- POS system
- AXAPTA
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: AXAPTA
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BoConcept franchise?
The total investment to open a BoConcept franchise ranges from $421K – $878K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BoConcept franchise owners earn?
BoConcept makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns BoConcept?
BoConcept is franchised by BoConcept Franchise, Inc.. Its parent company is BoConcept North America, Inc.. The ultimate parent named in the FDD is BoConcept A/S (Denmark). Source: FDD Item 1, 2026 filing.
What is Item 19 in the BoConcept FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the BoConcept FDD and qualifies whose outlets they describe.
What is BoConcept's franchise failure rate?
SBA 7(a) loan charge-off data is not available for BoConcept (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many BoConcept franchise locations are there?
As of their most recent FDD filing, BoConcept has 14 total units in the United States, including 14 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is BoConcept a good franchise to buy?
FranchiseVerdict rates BoConcept as a F-grade franchise with a verdict score of 21 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.