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Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs Mr Rental 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 | N/A |
Franchise Fee | $33,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | 2% | - |
Year Founded | 1992 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal 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 | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | 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.
There has never been a more exciting time to become part of the Mr Rental franchise group. Mr Rental continually strives to provide the best possible marketing, product offer, administration, training and operational systems through the synergy of its team, to ensure the profitable operation of the franchises.
The Mr Rental brand is one that Australians and New Zealanders have come to trust and rely upon for their entire rental needs. Famous for its friendly Mr Rental cartoon character and eye-catching blue signage and delivery trucks, the company prides itself on making the customer experience easy and enjoyable.
Strong training models and established systems ensure Mr Rental franchisees are equipped with the necessary skills to achieve. Mr Rental empowers people to grow personally and professionally, ensuring Mr Rental franchises are some of the most successful in the industry.