Furniture Medic vs EXOVATIONS Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs EXOVATIONS including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Furniture Medic Franchise
EXOVATIONS Franchise
Investment $80,799 - $90,136$93,050 - $158,750
Franchise Fee $33,000$35,000
Royalty Fee 7%5%
Advertising Fee 2%1%
Year Founded 19921996
Year Franchised 19922006
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Furniture Medic Franchise
EXOVATIONS Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Furniture Medic Franchise
    EXOVATIONS Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/No-/-
    Equipment Yes/No-/-
    Inventory Yes/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Furniture Medic Franchise
    EXOVATIONS Franchise
    Training On-The-Job Training: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development -
    Operations 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
     
    Furniture Medic Franchise
    EXOVATIONS Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Furniture Medic

    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.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #367 in Franchise 500 for 2020.
    #346 in Franchise 500 for 2021.



    About EXOVATIONS

    EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand. Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business. That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.