Furniture Medic Franchise

On-site furniture repair and restoration


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.



Please Note: The operators of Furniture Medic, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Furniture Medic website.

How much does it cost to open a Furniture Medic Franchise?

The investment required to open a Furniture Medic Franchise is between $35,500-$78,900. There is an initial franchise fee of $22,000 which grants you the license to run a business under the Furniture Medic name.

Individual Unit Costs

  • Initial Investment:
    $35,500-$78,900
  • Initial Franchise Fee:
    $22,000
  • Royalty Fee:
    7%
  • Advertising Fee:
  • Term of Agreement:
    5 years


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Furniture Medic News & Press Releases

When did the first Furniture Medic open? 1992
When did Furniture Medic start Franchising? 1992

Year U.S.A. Canada International Corporate
2005 407 70 103 0
2004 407 70 103 0
2003 410 70 108 0
2002 470 59 98 0
2001 417 65 85 0
Expense In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment Yes No
Inventory Yes No
Accounts Receivable No No
Payroll No No

Other Financing Source(s): In-house vehicle financing

Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Ad slicks, National media

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)

Business Experience:

  • Industry experience
  • General business experience
  • Marketing skills

  • To calculate how much income a franchise owner can do at Furniture Medic Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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    Legal Disclaimer: This information is not a franchise offering for Furniture Medic and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Furniture Medic franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Furniture Medic

    Furniture Medic

    Furniture Medic
    3839 Forest Hill Irene Rd.
    Memphis, TN
    38125

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