EQ3 vs BoxDrop Franchise Comparison

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.

BoxDrop has created a better and smarter way for you to buy mattresses and furniture. Using our unique relationships with manufacturers and our low-cost distribution system, we sell high-quality mattresses and furniture at deep discounts in a way that traditional retail stores can’t match.

The total investment necessary to begin operation of a new BoxDrop franchised BoxDrop Store is between $30,951 to $68,821. This total investment includes a minimum amount totaling $7,201 to $12,071 that must be paid to the franchisor or an affiliate on before December 31, 2020 and a minimum of $9,701 to $ 12,071 that must be paid to the franchisor or an affiliate after December 31, 2020.
The total investment necessary to begin operation of a converted BoxDrop franchised BoxDrop Store is between $17,750 - $43,250. This total investment includes a minimum amount totaling $0.00 that must be paid to the franchisor or an affiliate.