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Below is an in-depth analysis and side-by-side comparison of Guardsman FurniturePro vs Apricot Lane including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $16,500 - $59,000 | $137,150 - $361,800 |
Franchise Fee | $12,000 - $20,000 | $39,500 |
Royalty Fee | Varies | 5.5% |
Advertising Fee | - | - |
Year Founded | 1865 | 1991 |
Year Franchised | 1994 | 2004 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks, National media | - |
Operations |
Franchise can be run from home. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
100% of current franchisees are owner/operators |
Number of employees needed to run franchised unit: 5 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
A division of Lilly Industries, Guardsman WoodPro is a mobile business that repairs furniture and refurbishes kitchen cabinets. It also offers a complete furniture stripping and refinishing program. It is a member of the Premier Home Services group.