Floor Coverings International Claimed
Floor Coverings International Franchise For Sale
Floor Coverings International is the BEST BRAND in Home Improvement for MANY reasons, but here are 5…
- We’re the #1 Rated Flooring Company in North America.. For REAL! The Highest NPS Score (87) in the whole $100 Billion flooring industry. Plus we use our MOBILE SHOWROOM to create a shop-at-home experience. Our competition is made up of boring retailers.
- We’ve got 800 open territories!! Send over that territory check!
- We pay REALLY WELL.. $50,000 placement fee.
- Our franchisees validate EXTREMELY well.. Our top 50% of businesses average over $1.8m in sales. PLUS a generous bottom line of 15-20% EBITDA (this isn’t in our item 19).
- Our FranDev team is accomplished and they’re closers! Over 100 years of franchising experience and we close 1-6 referrals!
Franchise Background
Franchised Units: 250 with 30 opening soon.
Company Owned Units: 0
States Registered In: All of US and Canada
Canada Franchises: Yes
International Franchises: No
E2 VISA Friendly
10% Vet Discount on Franchise Fee
Financial Terms
In the case of a very rural area, we will sell one territory for $53,000 or if only one is left in an area.
Cash Investment: $60,000
Total Investment: $250,000 - $300,000 *for regular placement of 2 territories
Minimum Net Worth: $230,000
Royalty: 5%
Brand Fund: 3%
Average Number of Employees: 2-3
Home Based: Yes, this can be home based with a small receiving warehouse
B2B: Yes - also B2C
Veteran Discount: Yes, 10% of Franchise Fee - No discount on your commission
E-2 VISA Friendly
Although we are prefer not to have semi-absentee, the business does allow for flexibility since we are mobile and do not have store hours. You set your calendar. For the well capitalize candidate we will consider semi-absentee.
Support & Training
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes, we have over 33 marketing co-ops in the major cities. Will be 40 by year end.
Training: World Class two year training program and ongoing support. 6 Launch classes per year. Franchisees can be writing proposals around 45 days of signing their agreement.
Ideal Candidate
Forever Learner: They have a stack of business books. Jump at opportunities to learn and practice continuous improvement.
Can Make the Investment: $250-300k investment—heavily weighted towards working capital, so that they’ve quickly built themselves a team within the first few months.
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