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Below is an in-depth analysis and side-by-side comparison of City Wide Facility Solutions vs Furniture Medic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $233,150 - $404,100 | $80,799 - $90,136 |
Franchise Fee | $70,000 | $33,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | 1% | 2% |
Year Founded | 1961 | 1992 |
Year Franchised | 2001 | 1992 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
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Experience | Professional Qualifications: * 35 - 55 years old with no less than 10 years of business experience * At least 5- 10 years of B2B sales and 5 years of sales management experience * Experience building and managing sales teams * Leadership/Management of a professional team Behavioral Qualifications: Culture Index: Trailblazer, Persuader, Architect (A "DI" DISC profile or an "Achiever" Proven Match Profile) * Outgoing, expressive individuals with backgrounds like business development, sales, sales management, marketing, training, and recruiting. * Proactive, results-oriented multitaskers who have a strong sense of urgency. * Persuasive, problem solvers who understand and enjoy helping people achieve their goals. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | Yes/No |
Start-up Costs | -/- | Yes/No |
Equipment | -/- | Yes/No |
Inventory | -/- | Yes/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | Full training from our support center team consists of 4 weeks of hands on coaching. 2 in Kansas City at our Corporate office and 2 in the field at the franchisees site. From there the franchisee will receive multiple support visits, engage in regular, one-on-one coaching calls, monthly sales and operations calls and much more. On-The-Job Training: 50 hours Classroom Training: 80 hours Additional Training: Annual training meeting; on-site visits; online training as needed | On-The-Job Training: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program |
Support | Franchise Advisory Council Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 to start, add employees as business grows Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
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.