Furniture Medic vs CORE Group Restoration Franchise Comparison

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

Start-Up Costs and Fees
 
Furniture Medic Franchise
CORE Group Restoration Franchise
Investment $80,799 - $90,136$76,000 - $371,150
Franchise Fee $33,000$30,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19922019
Year Franchised 19922019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Furniture Medic Franchise
CORE Group Restoration Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Furniture Medic Franchise
    CORE Group Restoration Franchise
      In-House/3rd PartyIn-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
     
    Furniture Medic Franchise
    CORE Group Restoration Franchise
    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
     
    Furniture Medic Franchise
    CORE Group Restoration Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    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.



    About CORE Group Restoration

    "CORE

    CORE is a unique take on property damage restoration. Made up of the largest and most capable property restoration service providers,
    CORE is redefining what it means to restore lives. CORE's business model is unlike anything else on the market today and offers elite contractors the ability to be a part of a premier service offering, align themselves with an organization that believes in operating with the highest standards of craftsmanship, quality and integrity, all without giving up their independence.

    The total investment necessary to begin operation of a single CORE Group Restoration franchised business is between $76,000 and $371,150. This includes $50,000 to $93,150 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
    The total investment necessary to begin operation of ten CORE Businesses under a Multi-Unit Franchise is between $335,000 and $3,111,500. This includes $150,000 to $331,500 that must be paid to the franchisor or its affiliate(s).