Furniture Medic vs Everdry Waterproofing Franchise Comparison

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

Start-Up Costs and Fees
 
Furniture Medic Franchise
Everdry Waterproofing Franchise
Investment $80,799 - $90,136$127,550 - $244,550
Franchise Fee $33,000$67,500
Royalty Fee 7%6%
Advertising Fee 2%-
Year Founded 19921978
Year Franchised 19921984
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


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

    Financing Options
     
    Furniture Medic Franchise
    Everdry Waterproofing 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
    Everdry Waterproofing 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
    Everdry Waterproofing Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 Everdry Waterproofing

    "Everdry
    The first Everdry Waterproofing franchise opened in 1983 in Cincinnati. Since then, Everdry contractors have expanded across the Midwest and southeastern states and have serviced over 80,000 basements, crawl spaces and slab homes - making them one of the nation's premier foundation repair contractors. These contractors take a one-on-one approach with their customers and custom tailor solutions based on each homeowner's needs. From simple solutions to more complex problems, they have the tools to analyze it and provide the homeowner with the options to resolve it for the long term. Everdry locations take an active role in bettering the waterproofing and foundation repair industries. New products and services are an ongoing part of the Everdry philosophy, which has resulted in numerous patents, trademarks and copyrights on the products and services available. Everdry locations have been featured on HGTV and radio programs, and also seek to give back to the communities in which they live.