Business Description

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 500 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

Year Established:  1992

Franchising Since:  1992

Operating Units:
Franchised Units:	595	100%
Company-Owned Units:	0	0%
Total Operating Units:	595	100.0%
Geographic Distribution: U.S.: 420 70.6% In 47 States Canada: 71 11.9% In 10 Canadian Provinces International: 104 17.5% In 0 Foreign Countries   Total: 595 100.0%

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

Density	Units
1. California	27
2. Florida	38
3. Virginia	22

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:	$15-25K
Total Investment:	$37-81.9K
Average Total Investment:	$60K
Fees:
Initial Franchise Fee:	$24.5K
Average Franchise Fee:	$24K
On-Going Royalty:	7%/$250 Min.
Average Royalty:	7%
Advertising Fee:	1%/$50 Min.

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

Space Needs (in square footage):

Preferred Sites:

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:	2
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	21
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	No
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	Yes
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:	Included in Fees
Field Operation Evaluation:	Not Applicable
Field Training:	Not Applicable
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Memphis, TN	3 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 50 U.S.: Yes, Most metropolitan markets in US. Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Furniture Medic.