EQ3 vs PMD Furniture Direct Franchise Comparison

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

Start-Up Costs and Fees
 
EQ3 Franchise
PMD Furniture Direct Franchise
Investment $475,000$76,500 - $146,500
Franchise Fee N/A$15,000
Royalty Fee -0
Advertising Fee -0
Year Founded 2001-
Year Franchised 2001-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
EQ3 Franchise
PMD Furniture Direct Franchise
Experience --

Financing Options
 
EQ3 Franchise
PMD Furniture Direct Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
EQ3 Franchise
PMD Furniture Direct Franchise
Training -PMD Furniture Direct� provides a comprehensive training program that will educate franchisees on everything needed to know about running the business.
Support --
Marketing --
Operations --

Expansion Plans
 
EQ3 Franchise
PMD Furniture Direct 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 PMD Furniture Direct

During the current economic times, consumers are seeking value � quality furniture and bedding at lower prices. PMD Furniture Direct� has created a simple approach to provide customers with exceptional products at competitive retail prices. This, along with customers' growing preferences for wholesale and discount retail outlets, places PMD Furniture Direct� in the perfect position to prosper in today's economic climate. PMD Furniture is a strong brand in the US home furnishings industry today and carries a strong dedication to core principles such as honesty, integrity, commitment, loyalty, belief, hard work, personal responsibility and family values. As a PMD Furniture Direct� franchise owner, you can expect: * No royalty fees * One of the lowest start-up costs in franchising, ranging from $76,500-$146,500 * Flexible scheduling * In-depth, ongoing training, support and Intranet and Internet resources * Franchisee incentive programs * Franchise fee discount for qualified military veterans * Quick turnaround time to be up and running as a franchise owner.