Business Description

Partner and profit with a world leader. As a business unit of Lilly Industries, the largest manufacturer of furniture finishes in N. America, GUARDSMAN WOODPRO is the premier choice of residential and commercial customers alike for furniture repair and refinishing services. Lilly has been involved in the furniture industry for 130 years, supplying finishes, furniture care products and now furniture repair services. If you want to be in the furniture business, you want to be with us.

Franchisor Background

Year Established:  1865

Franchising Since:  1994

Operating Units:
Franchised Units:	123	100%
Company-Owned Units:	0	0%
Total Operating Units:	123	100.0%
Geographic Distribution: U.S.: 110 89.4% In 36 States Canada: 13 10.6% In 2 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 123 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Michigan	9
2. Ohio	6
3. Texas	6

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$50K
Cash Investment:	$10-25K
Total Investment:	$7-25K
Average Total Investment:	$15K
Fees:
Initial Franchise Fee:	$7K
Average Franchise Fee:	$7K
On-Going Royalty:	Fixed
Average Royalty:	-1%
Advertising Fee:	Fixed

Average Number of Employees: 1-3 Full-time, 1-2 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	4
Formal Education:	3
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	80
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Grand Rapids, MI	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 36 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Guardsman FurniturePro.