Furniture Medic vs Granite America Franchise Comparison

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

Start-Up Costs and Fees

 
Furniture Medic Franchise
Granite America Franchise
Investment $80,799 - $90,136$32,250 - $576,200
Franchise Fee $33,000$12,500 - $40,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 19921999
Year Franchised 19922012
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Furniture Medic Franchise
Granite America Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Furniture Medic Franchise
    Granite 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
    Granite 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 -
    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
    Granite America 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 Granite America

    "Granite

    The franchise offered is for the operation of either a granite and stone countertop sales and installation shop that orders slabs as needed, fabricates them and performs installations (“Express Model”), a granite and stone countertop sales, fabrication and installation shop that has an inventory of slabs onsite (“Standard Model”) or a granite and stone countertop sales, fabrication and installation shop that has an inventory of slabs onsite and uses digital technology and automation to fabricate slabs (“Digital Model”) for home improvement and construction projects. Besides opening as a new business (“Startup Franchise”) there is also an option to convert an existing granite, marble or solid surface shop into either an Express, Standard or Digital Model (“Conversion Franchise”). These are service oriented businesses that offers a wide selection of imported granite and stone slabs that are customized into countertops while incorporating an efficient and simplistic approach to production and daily operations, under the name “Granite America®”. 
    When you became a franchise of a Granite America®, you will offer unique products that are superior and NOT available in the marketplace. In other words, you won’t find our products anywhere else! As a Granite America® franchise you are a one- stop solution for sales, fabrication and installation. Not only will you be able to transform residential homes, you will also meet the demand for commercial businesses such as: restaurants, hotels, retail stores, casinos and MORE!
    We have several markets available across the United States so don’t wait!
    Startup Franchise; for a Standard Model, the Initial Franchise Fee is $12,500 for a Conversion Franchise or $25,000 for a Startup Franchise; for a Digital Model, the Initial Franchise Fee is $25,000 for a Conversion Franchise or $40,000 for a Startup Franchise with protected rights to operate in a specific area defined by the franchisor. Additional franchises will be available for $10,000 for an Express Model or $15,000 for either a Standard Model or Digital Model per franchise.
    The total investment necessary to begin operation of a Granite America® Express Model ranges from $32,250 to $116,000 for a Conversion Franchise or from $162,850 to $270,450 for a Startup Franchise; for a Standard Model from $66,950 to $180,200 for a Conversion Franchise or from $327,650 to $576,200 for a Startup Franchise; and for a Digital Model from $742,300 to $969,100 for a Conversion Franchise or from $1,121,000 to $1,463,100 for a Startup Franchise which will depend on a number of factors that are fully discussed in Item 7 and includes the Initial Franchise Fee that must be paid to the Franchisor.