N-Hance vs Furniture Medic Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of N-Hance vs Furniture Medic including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
N-Hance Franchise
Furniture Medic Franchise
Investment $52,369 - $168,747$80,799 - $90,136
Franchise Fee $11,669 - $47,752$33,000
Royalty Fee $353-$705/mo.7%
Advertising Fee $200/mo.2%
Year Founded 20011992
Year Franchised 20031992
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee --


Business Experience Requirements
 
N-Hance Franchise
Furniture Medic Franchise
Experience -
  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    N-Hance Franchise
    Furniture Medic Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment Yes/YesYes/No
    Inventory Yes/YesYes/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    N-Hance Franchise
    Furniture Medic Franchise
    Training After purchasing an N-Hance business, new franchisees will attend an intensive 10-day hands-on training course at our corporate headquarters in Logan, Utah. At the Logan training, franchisees can expect to learn everything from tricks of the trade to best practices for marketing, sales, and general operation of their business. On-The-Job Training: 40 hours Classroom Training: 25 hours On-The-Job Training: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program
    Support During your first full year of owning your N-Hance franchise, you’ll be assigned to a personal “N-Gage” business coach to help you navigate the waters of entrepreneurship. Even after the first 12 months of your participation in our franchise program, our corporate team travels all over to different franchise “hubs” to provide continued personalized coaching. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet PlatformPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Marketing and advertising are the most important elements of operating a successful business. N-Hance has created an online wealth of marketing materials including mobile-optimized websites, press releases, stock photography, commercials and an N-Hance visualizer app to help our franchisees to market their products. We also offer personal and customized marketing consultations with each of our franchisees. These meetings help them learn the best marketing techniques for their area. Ad Templates National Media Regional Advertising Social media SEO Website development Email marketingCo-op Advertising Ad Templates National Media Regional Advertising Social media Website development
    Operations Franchise can be run from home.

    35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (90% 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
     
    N-Hance Franchise
    Furniture Medic Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About N-Hance

    Possess Your Own Business Restoring the Beauty Of Wood Floors and Cabinets In Your Own Protected Market.

    Have you ever wanted to work for yourself? At this moment there is a chance to do only that. You can possess your own establishment in an ensured showcase, while offering a progressive new administration that is in HIGH DEMAND!

    N-Hance Wood Renewal franchisees can offer an administration to shoppers that is dissimilar to whatever else is in the market. Our one of a kind procedure accomplishes unbelievable outcomes at a small amount of the cost of run of the mill wood floor and wood cupboard revamping, sparing your clients a large number of dollars! Your clients will love the way their wood floors and cupboards look.

    Telecommute through an administration based establishment opportunity. With a locally established business, you have the flexibility to construct your own particular business while being upheld by a demonstrated brand and a national achievement record. N-Hance has set up an effective framework for anybody to run an establishment from home, since this profoundly looked for after private venture establishment opportunity gives people the instruments they have to really succeed!


    Veteran Incentives  10% off initial down payment on franchise fee

    "Top
    #67 in Gator's Top franchises.
    #263 in Franchise 500 for 2020.

    About Furniture Medic

    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.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #367 in Franchise 500 for 2020.
    #346 in Franchise 500 for 2021.