EQ3

About EQ3
EQ3 designs, produces and sells affordable, modern furniture for every room in your home. As a Winnipeg-based company, EQ3 was established in 2001 under the direction of President and CEO Peter Tielmann. Having grown up in Europe, Peter recognized the lack of modern furniture in North America. Today, EQ3 is a vertically integrated company specializing in modern design for everyday life with simple, clean and functional design. Customize with fabric or leather, finishes and legs for a style all your own. We're proud of our roots and strive to produce as much of our product in Canada as possible. Our factory in Winnipeg manufactures all of our own upholstery pieces. That means when you order a custom made sofa from EQ3, you can count on your new piece arriving home in about 4 to 10 weeks. In addition to our own product range, we also admire and respect brands whose designs have stood the test of time. EQ3 is proud to offer EQ3+, a designer line featuring iconic brands like Herman Miller, Stelton, Vitra, Alessi and more, with many featured products exclusive to Canada. EQ3 has 11 stores in Canada and the US, with a 12th location opening summer 2012 in Toronto's Liberty Village. Additional stores and galleries are located throughout North America and around the world.

Furniture Opportunities

Below is a quick comparison of EQ3 against other Full Service Restaurant franchises and business opportunities. For an in depth comparison of EQ3 with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise
Franchise Fee
Royalty
Advertising Fee
Development Costs
25000 - 25000
139500 - 278000
0
450000 - 750000
2500 - 2500
17750 - 68821
25000 - 25000
6%
$500/mo.
385166 - 912594
25000 - 25000
4%
$250/ mo
229575 - 357500
50000 - 50000
225000 - 350000
75000 - 75000
6%
3%
369500 - 654500
0
0
0
100000 - 999999
25000 - 25000
125000 - 175000
0
275000 - 325000
15000 - 15000
76500 - 146500
25000 - 25000
5%
$500 per month + 1% +1%
125000 - 161500
18000 - 54000
122000 - 1895000
0
230000 - 600000
0
125000 - 150000
40000 - 40000
2.50%
4% local
500000 - 1000000