PMD Readies To Roll Out Franchises

PMD Furniture Direct announced yesterday that its franchise model is ready to go. Besides its focus on recruiting new franchisees, the chain’s current dealers will be able to either convert to a licensed franchise or remain in just a licensed format.

Currently, PMD dealers are licensed stores, not franchises... Franchisees would be able to sell their businesses, something licensees can't do, PMD officials told Furniture/Today. In addition, a franchise operation requires greater legal disclosure from the franchisor, and would give start-ups greater access to capital, officials said.

PMD has been sending out franchise disclosure agreements over the past two months to its current licensed dealers, Hosking said. He said the company will become a franchisor in 48 states.  [via Furniture Today]