BoConceptFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A BoConcept franchise requires a total initial investment of $421K – $878K, including a $30K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $421K – $878K
- 36th pct Retail
- Avg gross sales
- N/A
- 21st pct Retail
- Royalty
- N/A
- Units
- 23
- 11th pct Retail
- SBA default
- 20.0%
- system-wide median varies by category
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 21 to 14 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $421K – $878K including a $30K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict D (Below Average) with a risk score of 77/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- BOCONCEPT FRANCHISE, INC.
- Parent company
- BoConcept North America, Inc.
- Ultimate parent
- BoConcept A/S (Denmark), majority owned by 3i Group plc
- 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
- ⚠ Going-concern note
- Disclosed in FDD 2026
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
BoConcept franchisees operate contemporary furniture retail showrooms, displaying and selling Danish-designed home furnishings, lighting, and accessories. Day-to-day operations include showroom management, customer consultations, design advice, order processing, delivery coordination, and inventory management of high-end furniture pieces.
- CEO
- David Anderberg
- Headquarters
- NJ
- Founded
- 1952
- FDD year
- 2026
- States available
- 6
FDD Item 7 · 2026 filing · 22 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
- Better than avg vs category
- Liquid capital req'd
- $0 – $100K
- Better than avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- -n/d
- Ad fund
- Minimum of 8% of Annual Gross Turnover for Local Advertising
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Technology fee | $150 |
| Training fee | $3K |
| Transfer fee | $25K |
| Renewal fee | $0 |
| Total fee load | 8.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Retail averages
How BoConcept Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 23
- Opened
- 4
- Last reporting year
- Closed
- 8
- Turnover rate
- 34.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -22.2%
- Net unit change last year
- 3-yr CAGR
- -33.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 7 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.
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
- 20.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 75.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 6
- Defaults
- 1
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into BoConcept's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 4 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 3-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Rapidly collapsing franchise system with multiple active lawsuits, going concern status, 22% unit decline, and missing financial disclosures—extreme risk profile unsuitable for capital deployment.
Litigation (Item 3)
Two cases disclosed: (1) BoConcept Princeton, LLC and BoConcept of New Jersey, LLC v. BoConcept Franchise, Inc. - settled August 5, 2022 and dismissed October 13, 2022; (2) Allan Rosenblum as Special Trustee v. BCLA-LA BREA, LLC, BoConcept USA Inc., TEVA LA, LLC and others - landlord seeking past due rent and damages of at least $105,255.43 plus attorney's fees.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Sax, LLP⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 77 / 100 rating
- 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
- 03HIGHGoing concern status is true, signaling existential viability questions about the parent company's financial stability
- 04MEDNo disclosed average revenue or net income data (Item 19 missing) prevents validation of franchisee profitability claims
- 05HIGHBankruptcy involving Florida-based stores and multi-claim litigation by southern California franchisee suggests operational/financial distress across geographies
- 06MINORLease guarantee dispute and wrongful termination/whistleblower suit indicate governance and HR issues that may signal broader management dysfunction
- 07MINORHigh 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Specific location in a 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 |
| Termination notice | 14 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Denmark |
| Litigation count | 5 |
View Item 3 litigation summary
Two cases disclosed: (1) BoConcept Princeton, LLC and BoConcept of New Jersey, LLC v. BoConcept Franchise, Inc. - settled August 5, 2022 and dismissed October 13, 2022; (2) Allan Rosenblum as Special Trustee v. BCLA-LA BREA, LLC, BoConcept USA Inc., TEVA LA, LLC and others - landlord seeking past due rent and damages of at least $105,255.43 plus attorney's fees.
Items 10, 11
Training & Operations
- Classroom training
- 52 hrs
- On-the-job training
- 75 hrs
- Training location
- Corporate offices, franchisee's location, or virtual
- Ongoing training
- Required
- Field support
- 73 hrs/yr
- On-site visits per year
- POS system
- AXAPTA
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: AXAPTA
Item 20 · call current owners
Franchisee Contacts
18 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
BoConcept · FDD (2026) PDF
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 does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
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 23 total units in the United States, including 21 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 D-grade franchise with a risk score of 77 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.
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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.