EQ3 vs Sears Home Appliance Showrooms Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of EQ3 vs Sears Home Appliance Showrooms including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
EQ3 Franchise
Sears Home Appliance Showrooms Franchise
Investment $475,000$122,000 - $1,895,000
Franchise Fee N/A$18,000 - $54,000
Royalty Fee --
Advertising Fee --
Year Founded 2001-
Year Franchised 2001-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
EQ3 Franchise
Sears Home Appliance Showrooms Franchise
Experience --

Financing Options

 
EQ3 Franchise
Sears Home Appliance Showrooms Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
EQ3 Franchise
Sears Home Appliance Showrooms Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
EQ3 Franchise
Sears Home Appliance Showrooms Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About EQ3

EQ3 designs, produces and sells affordable, modern furniture for every room in your home. As a Winnipeg-based company, EQ3 was established in 2001 under the direction of President and CEO Peter Tielmann. Having grown up in Europe, Peter recognized the lack of modern furniture in North America. Today, EQ3 is a vertically integrated company specializing in modern design for everyday life with simple, clean and functional design. Customize with fabric or leather, finishes and legs for a style all your own. We're proud of our roots and strive to produce as much of our product in Canada as possible. Our factory in Winnipeg manufactures all of our own upholstery pieces. That means when you order a custom made sofa from EQ3, you can count on your new piece arriving home in about 4 to 10 weeks. In addition to our own product range, we also admire and respect brands whose designs have stood the test of time. EQ3 is proud to offer EQ3+, a designer line featuring iconic brands like Herman Miller, Stelton, Vitra, Alessi and more, with many featured products exclusive to Canada.
EQ3 has 11 stores in Canada and the US, with a 12th location opening summer 2012 in Toronto's Liberty Village. Additional stores and galleries are located throughout North America and around the world.

About Sears Home Appliance Showrooms

We know what consumers want and are ready to deliver superior products and customer service. A true showroom concept, once the sale is made your customer's purchases are delivered, installed and serviced by the reliable Sears Team. Besides leveraging the Sears name, our showrooms offer a huge selection of well-known appliances such as Kenmore and Kenmore Elite, Electrolux, L-G, Maytag, Whirlpool, General Electric, Kitchen-Aid, Samsung, Frigidaire, Bosch, Jenn-Air and Amana - all within 4,000 square feet of selling space. Professional delivery, installation, product service and INVENTORY are all provided by Sears. Armed Forces Veterans - 10% discount on franchise fee.