EQ3 vs Premier Home Furnishings Franchise Comparison

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

Start-Up Costs and Fees

 
EQ3 Franchise
Premier Home Furnishings Franchise
Investment $475,000N/A
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
Premier Home Furnishings Franchise
Experience --

Financing Options

 
EQ3 Franchise
Premier Home Furnishings Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
EQ3 Franchise
Premier Home Furnishings Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
EQ3 Franchise
Premier Home Furnishings 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 Premier Home Furnishings

Premier Home Furnishings combines the best of lease-to-own with the best of retail to attract a wider range of customers and give them greater flexibility in products and payment plans. Many lease-purchase dealers are embracing the idea of offering more upscale merchandise that will appeal to retail customers and boost profits. And retailers are realizing the importance of adding lease-to-own payment options to capture more market share and improve their revenue stream in today's economy. Bringing the two together opens the door to success much wider.