Find out what franchise is right for you
Units as of 2020
342 (6 lost in 3 years)
1.8%
2021 Franchise 500 Rank
#346 Ranked #368 last year
Initial investment
$81K - $90K

Company Overview

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.

Are you looking for guidance and expert advice?

Entrepreneur Franchise Advisors will guide you through the franchising process from start to finish, for FREE.

About Furniture Medic

Industry
Maintenance
Founded
1992
Parent Company
ServiceMaster
Leadership
Aster Angagaw, President
Ticker Symbol
SERV

Franchising Overview

Franchising Since
1992 (29 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
342 (as of 2020)

Franchisor Information

Corporate Address
150 Peabody Pl.
Memphis, TN 38103-3720

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Furniture Medic franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$33,000
Initial Investment
$80,799 - $90,136
Net Worth Requirement
$100,000
Cash Requirement
$30,000
Veteran Incentives
20% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
2%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Furniture Medic offers in-house financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
97-102 hours
Classroom Training
111 hours
Additional Training
Home study/mentor program
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
No

Buying a franchise is hard, we make it easy

Our Franchise Advisors are here to help make your franchise dreams a reality. They’ll provide guidance and support throughout your journey to make the process of opening a franchise seamless.

Franchise 500 Ranking History

Compare where Furniture Medic landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Furniture Medic ranked on other franchise lists? Find out below.

Ranked #346

Franchise 500 Ranking

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Furniture Medic.

Surveillance Secure

Surveillance Secure

Title
Commercial electronic security services
USA Insulation

USA Insulation

Title
Home insulation and energy-efficient products
Role
Ranked #120
Pirtek

Pirtek

Title
Hydraulic and industrial hose service and supply centers/mobile services
Role
Ranked #145
Budget Blinds LLC

Budget Blinds LLC

Title
Window coverings, window film, rugs, accessories
Role
Ranked #12

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Entrepreneur Franchise of the Day: X-Golf

X-Golf describes itself as 'an exciting new Indoor Golf Center and bar concept that offers a unique user experience for both the die-hard golfer and everyday amateur.'

The Top 5 Franchises of 2021 From the Entrepreneur Franchise 500

These five franchises managed to survive the challenges of the pandemic with ingenuity and powerful brand trust.

Matthew McCreary

· 6 min read

Taco Bell CEO Mark King on Tapping Into the Human Element of Operations

A conversation with the man who oversees the Franchise 500-topping fast-food chain.

Scott Greenberg

· 4 min read

Free Webinar | March 22: How To Grow Your Business Through Franchising

So you're ready to expand your business, but where and how do you get started? Franchising is one of the fastest ways to grow, but it's not for everyone.

Entrepreneur Insider

· 3 min read

Desmond Lim

· 7 min read

Perfection Not Required

While businesses must constantly evolve, the pursuit of perfection is the enemy of progress.

Mark Siebert

· 5 min read
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
For reprints and licensing questions, click here.