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Below is an in-depth analysis and side-by-side comparison of Gemini Tub Repair vs Furniture Medic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,500 - $34,800 | $80,799 - $90,136 |
Franchise Fee | $15,000 | $33,000 |
Royalty Fee | $49/wk. | 7% |
Advertising Fee | - | 2% |
Year Founded | 1984 | 1992 |
Year Franchised | 2003 | 1992 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/No |
Start-up Costs | No/No | Yes/No |
Equipment | No/No | Yes/No |
Inventory | No/No | Yes/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Gemini Tub Repair is currently seeking franchise partners to join our rapidly growing franchise network. Opportunities are available with an established reputation for excellence and strong industry relationships in a business that enjoys both extremely low start-up costs and the potential for a tremendous return on your investment.
Reasons To Invest in a Gemini Tub Repair Franchise
*Low cost start-up
* Large Exclusive Territory
*The Luxury of Adding Additional Staff - it's up to you
*Low on-going expenses
* High potential return on investment
*A large percentage of your business referred to you
*Non-advertised warranty work from tub manufacturers
*An Outstanding Opportunity to Secure Your Future GEMINI TUB REPAIR may be the choice for you. Call: 1.800.365.2807
Gemini Tub Repair is an outstanding opportunity to secure your future in a bathtub repair and refinishing industry!
Joseph Lunsford wasn't looking to start a business when he moved into a new home and realized that several pieces of his furniture had been damaged in transit, but start one he did. He founded Furniture Medic in 1992 in response to his dissatisfaction with the long turnaround time that was common with most refurnishing shops. In 1996 Furniture Medic was acquired by ServiceMaster and has since grown to more than 600 locations throughout the United States, Canada and Europe.