Furniture Medic vs Home Owners Club of America Franchise Comparison

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

Start-Up Costs and Fees

 
Furniture Medic Franchise
Home Owners Club of America Franchise
Investment $80,799 - $90,136$85,000 - $110,000
Franchise Fee $33,000$50,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19921993
Year Franchised 19921999
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Furniture Medic Franchise
Home Owners Club of America Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Furniture Medic Franchise
    Home Owners Club of America 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
    Home Owners Club of America 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 * Computer Software Package, custom designed for the operation of HOCOA * Specified Territory * Marketing Plan * Computer Training Manual * Operations Manual * Artwork and use of Recognized Logo * Support Services * Training Seminar * Annual Franchise Seminar * Webpage and link to the Corporate Site
    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
    Home Owners Club of America 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 Home Owners Club of America

    Homes Owners Clubs of America opens a "door of a different color, size, and style." and offers an unusually distinctive meaning to the phrase "making a living!" Do you want the financial security of a generous income minus the corporate backdrop and employee headaches? Are you looking for more flexibility in your work schedule or income upon retirement? Do you enjoy helping others? If you answered positively to these question, then a HOCOA franchise could be an attractive opportunity for you.

    What AAA does for automobiles, we do for homes. We match the customer's requested service with our best certified contractor. Our Home Repair Network franchise opportunity has contractors with outstanding references, insurance, and any required licenses. Our approved contractors join the network by invitation only. They cannot pay to join us. After making a request for service, customers receive a service call from a contractor within an hour. We follow up to verify that the work was completed to the customer's satisfaction.

    Contact us today to get plugged into this exciting new marketing concept.