Guardsman Furniture Professionals FDD Summary
Type of Business
The franchisee will provide one or both of the following furniture repair services:
- Wood Services – repair and refinish wood furniture and wood products;
- Upholstery Services – clean and repair leather and upholstered furniture.
Valspar Corporation was founded in 1806 and incorporated in Delaware on December 3, 1934. In addition to their franchising activities, they manufacture and distribute a variety of paints, coatings, home-care products, automotive fluids and furniture protection plans to original equipment manufacturers and grocery, furniture, retail and hardware stores. They sell a variety of repair products bearing the Guardsman brand name, some of which are included in the initial franchise fee. Their principal business address is 901 Third Avenue South, Minneapolis, Minnesota 55402.
The total estimated initial investment necessary to begin operation of a Guardsman FurniturePro® business is $16,500 to $57,000. This includes $12,000 to $18,000 that must be paid to the franchisor.