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| Furniture Medic Furniture
Medic, the world's largest furniture repair and restoration franchisor, owes
its success to its dedication to providing customers with unparalleled
craftsmanship and quality service. Utilizing exclusive, advanced technology and
equipment, the franchisor has established a reputation for excellence unmatched
in the industry. Furniture Medic serves a variety of markets, from residential
homes and business offices to the hospitality industry and furniture retailers.
Furniture Medic offers a flexible
service that can provide direct and immediate on-site assistance. Furniture
Medic has been part of the ServiceMaster family since 1996, which also
franchises ServiceMaster Clean, Amerispec, Merry Maids and Terminix. Among the
many benefits of this relationship is the ServiceMaster Acceptance Company,
which provides financial assistance to franchisees. Franchisees also gain
lucrative opportunities by working with other ServiceMaster Clean Disaster
Restoration franchisees.
Investment
Required
The
fee for a Furniture Medic franchise is $24,500.
Franchisees must also purchase a required product equipment package
costing $12,500. Furniture Medic may
offer discounts to the franchise fee for existing franchisees, ServiceMaster
affiliates and employees, women, minorities and to those who have served in the
military. Furniture
Medic provides the following range of investments required to open your initial
franchise. The range assumes that all items are paid for in cash. To the extent
that you choose to finance any of these expense items, your front-end
investment could be substantially reduced. Furniture Medic’s affiliate, SMAC, offers
financing for the initial franchise fee and opening product equipment package.
On-going
Expenses
Furniture
Medic franchisees pay royalty fees equal to the greater of $250 per month or 7%
gross sales, a national advertising fund fee equal to the greater of $50 per
month or 1% of gross sales, and a monthly software fee equal to $30 after the
first year. What You Get—Training
and Support Furniture
Medic provides a 21-day home study course prior to training to prepare
franchisees for business ownership and opening their store. A comprehensive two
weeks of hands-on training follow at the Training Academy in Memphis, TN. Three
to four months after graduation, franchisees receive one additional week of
training to further assess and hone technical skills, business plans, marketing
and record keeping. In training, franchisees are given access to the
ServiceMaster Complete On-Line Resource Website that contains both mandatory
and suggested procedures. After
graduation from the Academy, franchisees may opt to participate in a mentoring program
that pairs experienced franchisees with new owners in the same general service
area. The purpose of the mentoring program is to press new skill sets into use
while developing finesse in customer acquisition. The
franchisee fee covers the costs of all necessary tools, supplies, equipment,
products and cases required for a Furniture Medic franchise. Franchisees also
benefit from around-the-clock telephone support and comprehensive marketing
strategies that target brand awareness. Territory
Furniture
Medic does not grant exclusive territories. |