Furniture Medic
Furniture Medic
860 Ridge Lake Blvd.
Memphis, TN 38120-9421
800#: (800) 255-9687
Tel: (901) 820-8600
Fax: (901) 820-8660
E-Mail: [email protected]
Web Site: www.furnituremedicfranchise.com
Contact: Mr. David Messenger, VP Market Expansion
FURNITURE MEDIC is a division of ServiceMaster Consumer Services. It has grown into an international franchise operation providing complete on-site precision repair as well as furniture stripping and refinishing. Targeting the residential, commercial and insurance markets, their patented Restoration-Refinishing process yields efficiency plus cost saving to customers. A solid training program and strong business support has effectively positioned FURNITURE MEDIC as the premier furniture repair company.
Franchisor Background
Established: 1992
First Franchise: 1992
Franchise Units: 635
Company-Owned Units:
Total Units: 635
Distribution:
U.S. -- 460;
Canada -- 71;
International -- 104
�North America -- Operations in 47 States,10 Provinces
�States/Provinces with Greatest Density: 36 in FL, 28 in CA, 24 in VA
Projected New Units Over Next 12 months:50
Franchisee Qualifications:4, 4, 2, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: All States
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; N/A
(Click here for abbreviations)
Encourage Conversion: N/A
Financial Requirements
Cash Investment: $15-25K
Total Investment: $35.5-78.9K
Average Total Investment: $57.2K
Minimum Net Worth: $100K
Fees
�Franchise: $25K;
�Average Franchise Fee: $25.0K
�Royalty: 7%/$250 Min.
�Average Royalty: 7.0%
�Advertising: 1%/$50 Min.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: N/A
Lease Negotiation Assistance: No
Financial Assistance: Yes(D)
Cooperative Advertising: No
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 21
On-Going Support: A,B,G,h,I (Click here for an explanation)
Training: 2 Weeks Memphis, TN.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
|
New
Search: Alphabetical
| Industry
Type | Average
Total Investment | Average
Franchise Fee | Total
Units
|
|