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Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs MarbleLife including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,799 - $90,136 | $56,000 - $140,000 |
Franchise Fee | $33,000 | $19,900 |
Royalty Fee | 7% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 1992 | 1989 |
Year Franchised | 1992 | 1989 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | If you know you could sell a national account, if only you had the application network, this is your opportunity. Plug in, and benefit from your sales abilities. If you love to work with your hands and deliver beautiful results and stunning compliments, this is a business that will make you smile with the client and with your banker. We are looking for motivated reliable partners committed to provide our clients a quality service in order to complete the build out of our North American network. If this sounds like a fit, contact us today. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/Yes |
Start-up Costs | Yes/No | No/Yes |
Equipment | Yes/No | No/Yes |
Inventory | Yes/No | No/Yes |
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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development | Ad slicks |
Operations |
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) |
Franchise can be run from home. 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
MARBLELIFE provides restoration and maintenance services for marble, concrete, granite, terrazzo, other natural stone, vinyl, tile and grout surfaces. MARBLELIFE diagnosis cause, prescribes solutions, and provides application services to residential, commercial, medical and industrial building owners. While others only clean, MARBLELIFE specializes in formulating solutions designed to address problems resulting in not just restored appearance, but solutions designed to enhance our clients lives, building appearances, and interior building safety and health.
VetFran discount - 10% off the initial franchise fee