Furniture Medic
Yes, we actively support the inclusion and development of minority-owned franchises in the Furniture Medic system.
Furniture Medic
3839 Forest Hill-Irene Rd.
Memphis, TN 38125-2502
800#: (800) 255-9687
Tel: (901) 597-8600
Fax: (901) 597-8660
E-mail: dmessenger@smclean.com
Web Site: www.furnituremedicfranchise.com
Contact: Mr. David Messenger, VP Market Expansion
FURNITURE MEDIC is a division of The ServiceMaster Company. It is the largest furniture and wood repair and restoration company in the world with over 600 franchises. Furniture Medic has unique products and processes which enable much of the work to be done on-site, reducing costs and saving time for its residential and commercial customers. Financing is provided for the initial franchise fees, start-up equipment and vehicles to qualified candidates through ServiceMaster Acceptance Company.
Franchisor Background
Established: 1992
First Franchise: 1992
Franchise Units: 595
Company-Owned Units: 0
Total Units: 595
Distribution:
> North America -- Operations in 47 States,10 Provinces
> States/Provinces with Greatest Density: 38 in FL, 27 in CA, 22 in VA
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $15-25K
Total Investment: $37-81.9K
Average Total Investment: $59K
Minimum Net Worth: $50K
Fees
>Franchise: $24.5K
>Average Franchise Fee: $24K
>Royalty: 7%/$250 Min.
>Advertising: 1%/$50 Min.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: No
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 21
On-Going Support: A,B,G,h,I (for an explanation click here)
Training: 3 Weeks Memphis, TN.
Specific Minority Program(s) in Place: We offer a 10% minority discount off the license fee.
Franchisor's Specific Expansion Plans
U.S.: Most metropolitan markets in US.
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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