5/10

Franchimp Summary Rating

8 /10
Lower than 29% of peers

Franchise Summary

Description
The franchised business being offered is Furniture Medic furniture and wood restoration, repair, fabrication, and refinishing business.
Company Background
Furniture Medic is a franchise opportunity for those who want to start their own furniture repair business. With the Furniture Medic system, you can offer a wide range of services from furniture refinishing and restoration to bed bug treatment and upholstery cleaning. Our comprehensive training program will teach you how to market your business, create an effective marketing plan, and show you how to effectively manage customer service issues. In addition, we provide all the necessary tools for success such as equipment rentals or purchases at competitive rates, full-time staff support with on-site technicians in many markets helping our franchises grow quickly into profitable businesses.
Franchise Opportunity
Furniture is expensive. It's also pretty important to have nice furniture in your home, because it's something you use every day and when people come over they see that as part of the impression you give off. The problem with furniture is that it can get damaged or worn out from years of use. If a piece of furniture gets damaged, most people just throw it away and buy new one instead of getting it repaired. That's too bad because there are lots of ways to repair wood furniture at home without having to spend hundreds on a professional craftsman (which we're not). We fix all kinds of things for customers who need their old stuff fixed up again so they look like new again! From scratches to dings, chips and cracks, we've seen them all before and know how to fix them up right! So if you want your old wooden items looking good as new then call us today!
Corporate Structure
The franchisor is TCB Furniture Medic, LLC, a Delaware limited liability company, which began offering Furniture Medic franchises in December 1992, with its principal business address at 57 Germantown Ct., Suite 201, Cordova, Tennessee 38018.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Furniture Medic Franchisees

Furniture Medic Franchise System Development in 2024

FAQ

How much investment do I need to start my own Furniture Medic business?
Franchisees typically require at least $86,945 to $145,250 investment to get their Furniture Medic business started
What are the initial franchise fees for Furniture Medic?
Franchisees typically need to pay at least $50,000 in fees directly to Furniture Medic in order to earn the right to launch their business
How much money can I make with a Furniture Medic franchise? What are the average revenues for a typical Furniture Medic business?
We haven’t done the math on how much revenue a typical Furniture Medic brings in each year. We estimate that other franchisees in the Home Services industry generate $1,131,885 revenue, so we would expect Furniture Medic to generate a similar amount
How long do I need to commit to running a Furniture Medic unit? What is my contractual commitment?
Furniture Medic franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

8 /10
The Franchisor's investment costs ranges from $86,945 to $145,250 which is Much Lower than the $0 to $0 average in the Maintenance & Repairs industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE