Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media
Training at headquarters: 10 days
Additional Training: Home study/mentor program
Number of employees required to run: 1
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. ServiceMaster's franchise family also includes franchisors Merry Maids, Terminix and AmeriSpec.
Founded
1992
Franchising Since
1992 (25 Years)
Corporate Address
3839 Forest Hill Irene Rd. Memphis, TN 38125
CEO
Marty Wick
Ticker Symbol
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Financial Requirements
Initial Investment
$79,005 - $89,432
Net-worth Requirement
$33,900
Liquid Cash Requirement
$33,900
Ongoing Fees
Initial Franchise Fee
$31,500 - $31,500
Ongoing Royalty Fee
7%
Ad Royalty Fee
2%
Financing Options
Furniture Medic offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory
Veteran Incentives
15% off franchise fee
Free Franchise Consultation
We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Learn how to invest your IRA or 401k into a franchise. ($50k min)
Franchise Articles
The 5 Best Retail Franchises You Can Buy Right Now
Are you a natural salesperson? Then take full advantage with a retail franchise.
Why Fitness Franchises Are Booming
With aggressive expansion strategies and low membership costs, fitness clubs are looking to rapidly expand -- and franchisees are lining up to get in on the action.
Success Speaks For Itself: Whissle Hospitality Group
The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.
Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises
The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.
Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.
At one point, ice cream and soap was sold at the Krispy Kreme locations.
Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 4th, 2016
Reprints & LicensingUpdate Your Listing
Submit New Listing
