Furniture Medic vs Restoration 1 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Furniture Medic Franchise
Restoration 1 Franchise
Investment $80,799 - $90,136$84,500 - $193,125
Franchise Fee $33,000$54,900 - $59,275
Royalty Fee 7%7%
Advertising Fee 2%1% - 2%
Year Founded 19922008
Year Franchised 19922009
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Furniture Medic Franchise
Restoration 1 Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Furniture Medic Franchise
    Restoration 1 Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/Yes
    Start-up Costs Yes/NoYes/Yes
    Equipment Yes/No-/Yes
    Inventory Yes/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Furniture Medic Franchise
    Restoration 1 Franchise
    Training On-The-Job Training: 97-101 hours Classroom Training: 61 hours Additional Training: Home study/mentor program On-The-Job Training: 24 hours Classroom Training: 56 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Ad Templates National Media Social media SEO Website development Loyalty program/app
    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)

    Number of Employees Required to Run: 4

    Expansion Plans

     
    Furniture Medic Franchise
    Restoration 1 Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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 Restoration 1

    Starting any new business is a big decision. Choosing a path such as a water restoration franchise with Restoration1 can take a lot of stress and uncertainty from the process. With a solid and established strategy of success - Restoration1 can help you get our business up and running quickly and efficiently and help you turn a profit faster. Of course there isn't room for a water damage and restoration company in every block. For this reason we are only able to offer franchise opportunities to areas where we are not already served by other franchisees. Contact us today to find out if there are restoration franchise opportunities available in your area.

    Veteran Incentives  $7,000 off franchise fee
    "Entrepreneur
    #167 in Franchise 500 for 2020.
    #183 in Franchise 500 for 2021.