Furniture Medic Franchise FDD, Profits & Costs (2025)
Furniture Medic is a leading franchise in woodworking and furniture restoration, originally founded in 1992 in Memphis, Tennessee. The same year, it began franchising and has since established its headquarters in Cordova, Tennessee, within the greater Memphis region.
In 1996, the brand was purchased by ServiceMaster, and in 2023 ownership transitioned to Eagle Merchant Partners. The company’s expertise covers both on-site and off-site services, including the repair, refinishing, restoration, and refacing of furniture, cabinetry, millwork, and hardwood flooring.
Its main offerings span commercial maintenance and touch-ups, residential cabinet makeovers, antique and specialty restorations, disaster recovery for fire or water damage, and insurance-driven repair projects. The franchise caters to three primary client bases: commercial properties such as hotels and restaurants, individual homeowners, and clients requiring restoration after disasters.
Today, Furniture Medic operates over 200 franchise locations across the United States and Canada. It has earned recognition as one of the largest restoration networks worldwide, strengthened by national partnerships with insurance carriers, property managers, furniture manufacturers, and retail chains.
Initial Investment
How much does it cost to start a Furniture Medic franchise? It costs on average between $87,000 – $145,000 to start a Furniture Medic franchised facility.
This includes expenses for equipment, supplies, vehicles, and initial operating costs. The total investment varies based on factors such as the territory size, service offerings selected, and whether the franchisee leases or purchases essential tools and workspace.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $50,000 |
| Training-Related Expenses | $1,700 – $4,200 |
| Initial Supplies, Products, and Equipment | $5,000 – $23,000 |
| Tablet or Smart Phone | $400 – $1,500 |
| Software | $1,200 – $1,500 |
| Computer | $800 – $1,200 |
| Internet Connection | $45 – $150 |
| Insurance | $2,500 – $4,500 |
| Service Vehicle | $2,000 – $5,000 |
| Van Detail Package | $300 – $1,200 |
| Real Estate and Improvements | $0 – $10,000 |
| Initial Marketing | $3,000 |
| Additional Funds – 3 months | $20,000 – $40,000 |
| TOTAL | $86,945 – $145,250 |
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Frequently Asked Questions
How many Furniture Medic locations are there?
As of the most recent data, Furniture Medic operates 124 franchise-owned locations across the United States and Canada.
What is the total investment required to open a Furniture Medic franchise?
The total investment required to open a Furniture Medic franchise ranges from $87,000 to $145,000.
What are the ongoing fees for a Furniture Medic franchise?
Furniture Medic franchisees are required to pay an ongoing royalty fee of 5% of gross sales. In addition, franchisees contribute to system-wide promotion through a marketing and advertising fee of 2% of gross sales, which supports national and regional brand awareness campaigns.
What are the financial requirements to become a Furniture Medic franchisee?
To qualify as a Furniture Medic franchisee, candidates are generally expected to have a minimum net worth of $100,000 and at least $25,000 in liquid capital. These financial requirements ensure that franchise owners have the resources to cover startup expenses, maintain operations during the early months, and support the overall stability of the business.
How much can a Furniture Medic franchise owner expect to earn?
The average gross sales for a Furniture Medic franchise are approximately $0.08 million per location. Assuming a 15% operating profit margin, $0.08 million yearly revenue can result in $12,000 EBITDA annually.
Who owns Furniture Medic?
Furniture Medic is owned by Eagle Merchant Partners, a private equity firm, which acquired the franchise from ServiceMaster in April 2023.
Disclaimer
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