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Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs Decor Distinction 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 | $23,600 |
Royalty Fee | 7% | 9.5% |
Advertising Fee | 2% | 2.5% |
Year Founded | 1992 | 1989 |
Year Franchised | 1992 | 0 |
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 | We offer a hands on environment with our new business partners. * A support system that will be on going for the term of your new business. * Training begins immediately after your commitment to a Decor Distinction franchise with two weeks of hands on training. * Follow-up training with your business consultant within the first 30 days of commencement. * All franchisees will be required to complete an interior decorating course which will provide you with the formal knowledge required to best service your clients. * National meetings are held on an annual basis to review new innovations in designs, suppliers, marketing and sales programs. |
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 | Yes |
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.
We pride ourselves on being the largest Canadian shop-at-home decorating company to offer a wide range and unique selection of top quality products at competitive prices. * Our Strength - Our family of franchisees are joined together by a common bond,,,shared success in our business partnership. * Convenience - Decor Distinction offers their clients affordable, quality, custom interior decorating in the comfort of their home. We bring the store to the customer at their convenience. * Competitive - Decor Distinction's combined purchasing power allows us to negotiate competitive pricing and exclusive product lines to offer our customers. * Support and training for growth. * Sharing ideas and talents to achieve a common goal. * A proven system with over 25 years of experience. * Low start up costs and overhead. * Selection - An interior decorating boutique on wheels that carries thousands of product samples of the finest quality in fabric, carpeting, window and wall coverings, furniture and accessories. Your franchise fee will provide you with the tools to set up a successful business. * Use of all trademarks and rights to Decor Distinction * Complete samples to operate your business for 24 months. * 2 weeks of training at our head office * Interior decorating crrespondance course. * Decorpro software * Business Cards, stationary * Opening inventory of promotional flyers * Operational manual If this sounds like the kind of opportunity for you, contact us.