Furniture Medic
Bottom line
- Total investment $87K – $145K including a $50K franchise fee.
- Average unit revenue of $290K/year (median $81K).
- Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 20 loans (below the industry average).
- System contracting at -24.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Furniture Medic unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Furniture Medic units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$174K
on $870K purchase
Total debt
$696K
SBA $0.4M + senior + seller note
Overview
About
Franchisees operate mobile furniture repair and restoration services, traveling to customer locations to repair, refinish, and restore furniture. Day-to-day work involves customer acquisition, on-site diagnostics, repair execution (wood finishing, upholstery, structural repairs), and invoicing. The model relies on local marketing, repeat business, and word-of-mouth referrals in a fragmented, low-barrier-to-entry market.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 32 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Furniture Medic presents HIGH RISK: a contracting franchise system with hidden profitability metrics, unprotected territories, and royalty structures that may exceed actual franchisee margins.
Score breakdown · what drove the 62 / 100 rating
- 01MINORSystem declining sharply: 15.6% unit contraction YoY (124 units) signals franchisee struggles and reduced support infrastructure
- 02MEDNo Item 19 (earnings claim): Average revenue of $289,908 disclosed but net income withheld—impossible to validate actual profitability or ROI on $86,945-$145,250 investment
- 03MINORUnprotected territory: Franchisees compete directly with other brand units in same area; no exclusivity despite 7% royalty burden
- 04MINORHigh royalty floor: $250/month minimum ($3,000 annually) creates cash flow pressure for underperforming locations in early years
- 05MINOROpaque financials: No disclosure of average unit volume (AUV), break-even timeframe, or failure rates raises transparency concerns
- 06MINOR5-year term misaligned with recovery: Short renewal period creates reinvestment uncertainty; franchisee may not recoup investment before contract end
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
98 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Furniture Medic · FDD (2024) PDF