How much does a Floor Coverings International franchise owner make?

Floor Coverings International franchise earnings and revenue can vary significantly from one franchisee to another.
The Floor Coverings International franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Floor Coverings International discloses financials at the unit level. In other words, they show how much Floor Coverings International franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Floor Coverings International franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Floor Coverings International. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Floor Coverings International owners were making.

Visit the Floor Coverings International metrics tab to explore the financials for this business.

What is the Floor Coverings International franchise fee?

Owning a Floor Coverings International franchise requires a variable royalty fee and 3% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Floor Coverings International Franchise Disclosure Document

Keep in mind, there is also an initial Floor Coverings International franchise fee of $65,000 that is included in the initial investment amount of $165,400 to $235,100. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Floor Coverings International franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Floor Coverings International franchise fee of $65,000.

Visit the Floor Coverings International metrics tab to explore the financials for this business, royalty and marketing fees compare to other Home and Building Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Floor Coverings International founded?

Floor Coverings International started offering franchises in 1998. Floor Coverings International was founded 24 years ago in 1998.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Floor Coverings International locations are in the U.S.?

As of 2022, there were 194 locations across the U.S. There are also 0 corporate locations. Most Home and Building Services franchises like Floor Coverings International have more franchised locations than corporate locations.

How many Floor Coverings International franchises opened over the past few years?

Over the prior 3 years we have data for, Floor Coverings International has opened 88 outlets throughout the U.S. Visit the Floor Coverings International metrics tab to explore how the openings compare to other Home and Building Services franchises.

How many Floor Coverings International franchises closed over the past few years?

Over the prior 3 years we have data for, Floor Coverings International has closed 41 outlets throughout the U.S

Visit the Floor Coverings International metrics tab to explore how the openings compare to other Home and Building Services franchises.

Is Floor Coverings International growing? Are they opening more locations than they are closing?

The net unit growth rate for Floor Coverings International over the past 3 years is 32%. Over the last year we have data for, Floor Coverings International had a net unit growth rate of 8%.

Without a comparison, this number doesn’t mean much. Compare how the Floor Coverings International growth rate compares to 2,000+ other franchises and Industry franchises like Floor Coverings International. More info in the Floor Coverings International metrics tab.

Is Floor Coverings International franchise eligible for an SBA Loan?

Floor Coverings International is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Floor Coverings International franchise was assigned the SBA Franchise ID of S0659 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Floor Coverings International that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Floor Coverings International a franchise in the United States?

According to the SBA, Floor Coverings International meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Floor Coverings International provides you with an FDD if you are in discussion to buy a Floor Coverings International.

What is the Floor Coverings International Franchise for Sale Rate?

The Floor Coverings International systemwide health and franchisee satisfaction can be measured by the Floor Coverings Internationalfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Floor Coverings International franchise for sale rate over the past 3 years is 16%. Over the last year we have data for, Floor Coverings International had a franchise for sale rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Floor Coverings International franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Floor Coverings International. More info in the Floor Coverings International metrics tab.

What is the Floor Coverings International Franchise Failure Rate?

Floor Coverings International franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Floor Coverings International failure rate over the past 3 years is 21%. Over the last year we have data for, Floor Coverings International had a franchise failure rate of 7%.

Without a comparison, this number doesn’t mean much. Compare how the Floor Coverings International franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Floor Coverings International. More info in the Floor Coverings International metrics tab.

How can I find out more details on Floor Coverings International franchise?

Visit the Floor Coverings International metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!