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Entrepreneur: Start & Grow Your Business

Floor Coverings International

Mobile floor coverings & window blinds

Background

Founded: 1988 Franchising since: 1989

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.


200 Technology Ct., S.E. #1200
Smyrna, Georgia 30082
Phone:
(800)955-4324/ (770)874-7600


Franchisor is a privately-held company with 9 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 70 5 0 0
2007 65 5 0 0
2006 71 5 0 0
2005 82 4 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 70,000 households

Costs and Fees

Total investment: $128K-290.5K
Franchise fee: $40K
Ongoing royalty fee: 5%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Third-party financing source(s): The Business Opportunity Store

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $90K-100K
Business Experience:
  • General business experience
  • Marketing skills
  • Direct sales experience

Operations
  • 1% 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)

Training and Support

Training
  • Available at headquarters: 9 days
  • At franchisee's location: 2 days
  • Regional meetings & national convention

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#492 (2008); #473 (2007); #477 (2006); #474 (2005);