At a Glance
Products & Services: Flooring
Number of Locations: 137
Total Investment: $137.5K - $310K
Began Franchising: 1989
About Floor Coverings International
Based in Atlanta, Floor Coverings International is a mobile floor-covering franchise that lets customers shop at home for hardwood, laminate and tile flooring, carpet and area rugs, and window coverings. The company's mobile van showrooms hold more than 3,000 styles and colors of name-brand products for residential and commercial use.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $49,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 5-10% off franchise fee
Financial RequirementsNet Worth: $200,000
Liquid Cash Available: $75,000
Operations1% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators).
|Financing Type||In-House||Third Party|