Realizing your dream of business ownership doesn’t have to break the bank. In fact, Floor Coverings International flooring franchise is one of the most affordable franchise opportunities in the $450 billion home remodeling industry* with lower costs and fees than other franchises in the industry.
Our executive team is committed to helping as many entrepreneurs thrive in the flooring business as possible. This commitment has led us to reduce the barriers to entry to make our opportunity more accessible to more people. We believe that Floor Coverings International flooring franchise ownership is the best way for an individual to participate in the market at their potential, and the low costs of ownership reflects this commitment.
The total cost to franchise with Floor Coverings International ranges from $161,400 to $230,100 and includes your franchise fee, startup package, working capital and our digital media marketing services to help you establish an online presence and begin generating leads quickly.
“We’re passionate about the success of our franchise owners,” says Tom Wood, CEO of Floor Coverings International. “We’re actively seeking any entrepreneur that has the drive to follow our proven business model, and is passionate about building relationships with people, design, and want to own a growing business to join us. This brand is franchisee-centric to our core, and we’re incredibly excited about welcoming new members to our franchise family as we continue to expand.”
What Do I Get For My Franchise Fee?
The benefit of franchising with Floor Coverings International franchise is that you’re joining a brand that has your back. Nowhere is this more evident than the value of your franchise fee of $30,000 and territory fee of $35,000. Your franchise fee gives you access to everything from our comprehensive, hands-on support, ongoing coaching, marketing support, visionary leadership, as well as a team that ensures the products in your mobile showroom are worthy of selling to your customers.
Does Floor Coverings International Offer Financing?
While we do not offer financing directly, we do have relationships with third-party lenders who can assist you with obtaining the capital needed to open a Floor Coverings International franchise.
Here’s a complete breakdown of the costs & fees associated with investing in a Floor Coverings International flooring franchise
For a complete overview of the costs and fees associated with opening a new Floor Coverings International franchise, please review Item 7 from our most recent Franchise Disclosure Document below:
|Expenditures||Standard Fee||Method of Payment||When Payable||To Whom Payment is Made|
|Initial Franchise Fee||$30,000||Lump Sum or Installment||When you sign the Franchise Agreement||FCI|
|Territory Fee||$35,000||Lump Sum or Installment||When you sign the Franchise Agreement||FCI|
|Inspirenet / Inspirenet Mobile Software||$7,500||Lump Sum||30 days prior to training||FCI|
|Software Access Fee (2 months)||$400 - $600||Lump Sum||Monthly upon signing Franchise Agreement||FCI|
|Training Related Expenses||$3,000 - $5,000||Varies||As incurred
||Various third parties|
|Opening Package||$30,000 - $40,000||Lump Sum||30 days prior to training||FCI and third parties|
|Personnel / Staffing||$0 - $5,000||As Agreed||As Agreed||Employees|
|Initial Advertising Expenses||$40,000 - $60,000||Varies||Within 4 Months after training||Various third parties|
|Insurance Liability / Vehicle||$1,500 - $6,000/yr||Installment or Lump Sum||As incurred||Your Insurance Carrier|
|Miscellaneous Opening Costs||$2,000 - $5,000||Varies||As incurred||Business licenses, utilities, phone|
|FCI Vehicle||$1,000||Lump sum, finance or lease||According to purchase option||Our designated suppliers or third parties|
|Office Equipment||$1,000 - $5,000||Lump Sum||As incurred||Third party|
|Real Estate and Improvements||$0 - $5,000||Varies||As incurred||Various third parties|
|Additional Startup Funds||$10,000 - $25,000||As Incurred||As incurred||Supplies, utilities, etc|
|TOTAL||$161,400 - $230,100|
Now That You Know the Costs and Fees, Are You Ready to Join Floor Coverings International Flooring Franchise?
If you’re ready to join a revolutionary brand that’s disrupting the $48 billion custom flooring industry**, fill out our form on this site to learn about the Floor Coverings International franchise opportunity. We can’t wait to learn more about you!