EQ3 vs Sofa Solutions Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of EQ3 vs Sofa Solutions including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
EQ3 Franchise
Sofa Solutions Franchise
Investment $475,000$125,000 - $150,000
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded 2001-
Year Franchised 2001-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
EQ3 Franchise
Sofa Solutions Franchise
Experience --

Financing Options
 
EQ3 Franchise
Sofa Solutions Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
EQ3 Franchise
Sofa Solutions Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
EQ3 Franchise
Sofa Solutions Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About EQ3

EQ3 designs, produces and sells affordable, modern furniture for every room in your home. As a Winnipeg-based company, EQ3 was established in 2001 under the direction of President and CEO Peter Tielmann. Having grown up in Europe, Peter recognized the lack of modern furniture in North America. Today, EQ3 is a vertically integrated company specializing in modern design for everyday life with simple, clean and functional design. Customize with fabric or leather, finishes and legs for a style all your own. We're proud of our roots and strive to produce as much of our product in Canada as possible. Our factory in Winnipeg manufactures all of our own upholstery pieces. That means when you order a custom made sofa from EQ3, you can count on your new piece arriving home in about 4 to 10 weeks. In addition to our own product range, we also admire and respect brands whose designs have stood the test of time. EQ3 is proud to offer EQ3+, a designer line featuring iconic brands like Herman Miller, Stelton, Vitra, Alessi and more, with many featured products exclusive to Canada.
EQ3 has 11 stores in Canada and the US, with a 12th location opening summer 2012 in Toronto's Liberty Village. Additional stores and galleries are located throughout North America and around the world.

About Sofa Solutions

What makes Sofa Solutions unique is very affordable pricing. Sofa Solutions stores are specifically designed to create affordable career opportunities in a professional setting at an investment level attainable by the average person. You can own your own Sofa Solutions store for around $150,000. A husband and wife team could easily operate one of our stores with minimal part-time help. No more dealing with countless employees who come and go. We provide extensive and ongoing training with a proven operations formula. Sofa Solutions partners with its Franchisees in that the Sofa Solutions Distribution Company assists in buying product, processing sales, warehousing and delivery. You're in business for yourself but not by yourself! Unlike other franchised furniture stores that are tied into a single manufacturer's line, Sofa Solutions sells a multi-brand selection of high quality upholstery, encompassing over 300 styles, 2000 fabrics, plus leathers and occasional furniture.