Furniture Medic vs Honest Abe Roofing Franchise Comparison

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

Start-Up Costs and Fees

 
Furniture Medic Franchise
Honest Abe Roofing Franchise
Investment $80,799 - $90,136$98,471 - $330,285
Franchise Fee $33,000$35,000 - $70,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19922017
Year Franchised 19922017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Furniture Medic Franchise
Honest Abe Roofing Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Furniture Medic Franchise
    Honest Abe Roofing 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
    Honest Abe Roofing 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
    Honest Abe Roofing Franchise
    US Expansion YesYes
    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 Honest Abe Roofing

    "Honest

    Do you dream of being your own boss? Do you want to control your own future? Do you want to own a successful business but just don’t know how?
    Then, becoming an Honest Abe Roofing Franchisee is the life improving decision you need to make. Right now, 3% of the homes in your area need a new roof!
    We can help you make life changing amounts of money in this multi-million-dollar industry that is recession resistant and growing.
    The Honest Abe Roofing system will be a game changer in your marketplace and someone from your area will partner with us to take over this space, so don’t wait! Invest in your future! Invest in you! Become an Honest Abe Roofing franchisee today!