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Below is an in-depth analysis and side-by-side comparison of Furniture Medic vs BrandPoint Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,799 - $90,136 | N/A |
Franchise Fee | $33,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | 2% | - |
Year Founded | 1992 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | 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.
BrandPoint Services provides our clients with truly competitive solutions for their property maintenance and capital expenditure improvements. We earn our reputation through expert project management delivered at the highest level of professional service by our people, through a process that is goal and outcome driven, and by continuous measurement during the work we perform. We combine what we do, who does it, and how we do it into a single point of operational execution that we manage to a conclusion that exceeds client expectations.BrandPoint Services began as a division of CertaPro Painters in 2002, and evolved into a stand-alone entity in 2010. Although our name is new, we have held the same core values from the start:. Deliver what you promise. Respect the individual. Have pride in what you do. Practice continuous improvement.