Furniture Medic

Thinking of investing in a Furniture Medic franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 1992, Furniture Medic specializes in Wood restoration, repair, and maintenance. As a franchise, Furniture Medic has grown to include over 342 (as of 2020) units since they began franchising in 1992 (29 years). It costs an estimated $80,799 – $90,136 to open a Furniture Medic franchise.

About Furniture Medic

At Furniture Medic®, we know what it takes to preserve and enhance the value of the wood in our customers’ lives: outstanding craftsmanship, a commitment to higher standards, and a proven model that just plain works.

Extensive Knowledge

Unlike many competitors, our expertise allows us to serve both commercial and residential customers in countless capacities, from restoring a single heirloom to partnering with insurance companies to maintaining commercial properties. Our services include: cabinet restoration, insurance claim repairs, residential services, commercial maintenance, and moving and transportation repairs.

Remarkable Craftsmanship

Our success is firmly rooted in our dedication to providing customers with superior wood care services. From on-site refinishing to structural stabilization to disaster restoration, we can enhance wood’s natural beauty and strength. Our skilled craftsmen are able to virtually erase scuffs, gouges, water rings, and dents; returning even water- and fire-damaged pieces to like-new condition; and matching colors flawlessly, often within hours.

Consistency

Our standardized service model ensures that every customer receives the same high level of attention, every time. Our passion for superior, consistent customer service helps create repeat business and client referrals, helping to make us an established leader in the wood restoration industry.

Don’t start from scratch. Adopt a business model with a proven track record and a ready-made network dedicated to your support.

Top-of-the-line Training

Furniture Medic® offers comprehensive training, combining classroom instruction, in-field operational support, and hands-on technical training
Many franchisees enter the business without previous furniture repair or wood restoration experience. That’s the beauty of our training program. It teaches you and your employees the technical skills required to provide service with the same seamless expertise that we adhere to system-wide.

Initial Franchisee Training

– 20-Hour Pre-Academy: An online, home study program to prime all new franchise owners prior to Academy arrival.
– Two-Week Academy: Our intensive, hands-on curriculum that develops key skill sets, including business startup, marketing, customer acquisition, and retention.
– Post-Academy: 90 days after Academy hands-on water and fire restoration curriculum, including cabinet refacing and leather repair training, franchisees return to ensure that technical skills and marketing plans are on target.

Continuing Franchisee Development

Mentoring Program: Team up with an experienced franchisee to further develop skills and customer acquisition techniques

Regional Meetings and Annual Convention: Opportunities to learn about new products and network with peers

Video tutorials available 24/7 to reinforce learning on a variety of topics

Company Founded

1992

Current Leadership

Aster Angagaw, President

Started Franchising

1992 (29 years)

Total Number of Units

342 (as of 2020)

Part-Time / Full-Time

Full Time

Stock Ticker Symbol

SERV

How Much Does It Cost To Open A Furniture Medic Franchise?

There are several costs associated with opening a Furniture Medic franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Furniture Medic franchise. The weekly fee for opening a Furniture Medic franchise is Royalty Fee Is Due By The 10Th Day Of Each Month.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Furniture Medic Is Renewable) and does the franchise offer financing support (Furniture Medic Furniture Medic offers no financial support).

Furniture Medic Company Details

Here are some additional details about Furniture Medic.

Parent Company	ServiceMaster
Initial Investment	$33,000
Net Worth Requirement	$100,000
Veteran Incentives	20% off franchise fee
Royalty Fee	7%
Ad Royalty	2%
Cash Requirement	$30,000
Term of Agreement	5 years
Absentee Ownership	No
Run from Home	Yes
Part Time	No

Training and Support Offered By Furniture Medic

Furniture Medic offers several support options to its franchisees. With 342 (as of 2020) units, Furniture Medic aims to provide support to each franchise owner to help them operate a successful franchise location. Furniture Medic offers 97-102 hours on the job training, 111 hours classroom training, and Home study/mentor program additional training.

Training and Support Offered

Here are the support options offered by Furniture Medic.

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
Estimated Revenue	Less than $1M

Is Furniture Medic Right For You?

Furniture Medic has gone digital! Here are all of the ways you can find Furniture Medic online. Oftentimes, you can reach out to current franchisees of Furniture Medic online. Current franchisees may be able to offer personalized insights into what it is like owning a Furniture Medic franchise and offer tips to running a successful Furniture Medic franchise location.

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Why Should You Start a Furniture Medic Franchise?

Investing in a Home Improvement franchise such as Furniture Medic can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Furniture Medic franchise and we'll be in touch soon!

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