Floor Coverings International

At a Glance

Products & Services: Flooring

Number of Locations: 94

Total Investment: $137.5K - $310K

Founded: 1988

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 86 8 0 0
2013 89 11 0 0
2012 92 16 0 0
2011 93 11 0 0
2010 79 6 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $137,500 - $310,000
Franchise Fee: $49,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $75,000
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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,

Franchise Ranking History

Franchise 500®: #254 (2013), #223 (2012), #282 (2011),
Fastest-Growing: #101 (2012),
Top Home-Based: #66 (2013),
America's Top Global: #189 (2013), #175 (2012),