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Tile Outlet Always In Stock

At a Glance

Products & Services: Discount tile, granite & stone store

Number of Locations: 57

Total Investment: $59.85K - 104.6K

Founded: 2001

Began Franchising: 2002

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2010 50 0 0 7
2009 48 0 0 7
2008 60 0 0 7

Startup Costs, Ongoing Fees and Financing

Total Investment: $59,850 - $104,600
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%/3%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $60,000
Operations
75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days. At franchisee's location: 5 days. Ongoing training available
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #242 (2008),