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Updated RecentlyIKEA vs PMD Furniture Direct Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IKEA vs PMD Furniture Direct including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $76,500 - $146,500 |
| Franchise Fee | N/A | $15,000 |
| Royalty Fee | - | 0 |
| Advertising Fee | - | 0 |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following: -experience -local market knowledge and presence (able to demonstrate ability to establish and operate IKEA stores nationally) -corporate culture and values -financial strength and ability to carry through the investment penetrating a country in full and in a large-scale retail environment format | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About IKEA
Franchises are granted by Inter IKEA Systems B.V. as part of a detailed expansion plan. Serious applicants are carefully researched and evaluated and franchises are granted only to companies and/or individuals with strong financial backing and a proven record in retail.
When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following:
- experience
- local market knowledge and presence (able to demonstrate ability to establish and operate IKEA stores nationally)
- corporate culture and values
- financial strength and ability to carry through the investment penetrating a country in full and in a large-scale retail environment format
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.