Furniture Medic
Home Services · Restoration Services
- Active units
- 124
- Avg unit volume
- $290k
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About Furniture Medic
Furniture Medic is a premier provider of furniture repair and wood restoration services, proudly serving the Grand Rapids and West Michigan area since 2005. As a family-owned business, Furniture Medic stands out as a national leader in on-site restoration, delivering exceptional quality and skilled craftsmanship to both residential and commercial clients.
Their comprehensive array of services includes repair and restoration of antiques, specialty items, cabinetry, and upholstery, ensuring that valuable pieces are maintained to the highest standards. They specialize in disaster restoration, effectively addressing fire, water, and smoke damage to restore furniture and wood items to their original condition.
For commercial clients, Furniture Medic offers tailored services suitable for a range of settings, including offices, restaurants, and hospitality venues, utilizing eco-friendly solutions to minimize disruption during repairs. Their commitment to quality and customer satisfaction makes them the ideal choice for both home and business furniture needs, helping clients prolong the life of their valued furnishings at a fraction of replacement costs.
Key terms
- Franchise fee
$50k
- Existing Franchisee Discount
15% off the Initial Franchise Fee for approved existing franchisees buying an additional Franchised Business.
- Woman-Owned or Minority Owned Business Discount
10% off the Initial Franchise Fee for eligible woman-owned or minority-owned businesses (51% ownership and control).
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Veteran discount
20.0% off franchise fee — Military Discount – 20% off the Initial Franchise Fee for qualified honorably discharged veterans (VetFran).
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations88
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate-18.5%
Net unit growth versus prior year
- 3-year unit CAGR-16.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)$50k
Annual gross revenue includes gross sales for furniture, wood and cabinet restoration, repair, fabrication, and refinishing, as well as cabinet transformation…
- Annual unit volume (75th percentile)$205k
Annual gross revenue includes gross sales for furniture, wood and cabinet restoration, repair, fabrication, and refinishing, as well as cabinet transformation…
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$133k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open4 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 106 of 175 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.