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Furniture Medic of Canada
6540 Tomken Rd.
Mississauga, ON L5T 2E9 CANADA
800#: (800) 263-5928
Tel: (905) 670-0000
Fax: (905) 670-0077
E-Mail:
Web Site: www.svm.com
Contact: Mr. Murray Greenwood, Market Expansion Manager
The first franchise network of mobile furniture touch-up and restoration. Exclusive patented, environmentally conscious restoration techniques allow FURNITURE MEDIC to restore wood and furniture damage on-site for a fraction of replacement costs.
Franchisor Background
| Established: |
1992; |
First Franchise: |
1993 |
| Franchise Units: |
28 |
| Company-Owned Units: |
0 |
| Total Units: |
28 |
Distribution:
U.S. -- 0;
Canada -- 28;
International -- 0
> North America -- Operations in 8 Provinces
> States/Provinces with Greatest Density: 15 in ON, 5 in AB, 3 in PQ
|
| Projected New Units Over Next 12 months: 20 |
| Franchisee Qualifications: 2, 3, 1, 3, 3, 4
(for an explanation
click here) |
| Registered in Following Registration States: AB |
| Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time) |
| Space Needs: NR SF; HB
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$20K (Can) |
|
| Total Investment: |
$28-40K; |
|
Average Total Investment: |
$34K |
|
| Minimum Net Worth: |
$50K |
|
| Fees: |
Franchise: |
$19.9K; |
Average Franchise Fee: |
$19K |
|
Royalty: |
7% |
|
Advertising: |
1% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
5/5 |
| Passive Ownership: |
Not Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(D) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
N/A |
| Lease Negotiation Assistance: |
N/A |
| Cooperative Advertising: |
N/A |
| Franchisee Assoc. / Member: |
Yes |
| Size Of Corporate Staff: |
18 |
| On-Going Support: |
B,C,D,G,h,I
(for an explanation click
here) |
| Training: |
2 Weeks Memphis, TN; 1 Week At Home Study Program. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.