Retail Home Franchise Review
Retail Home Opportunity - Retail Home Business for Sale
Floor Coverings International
Description of Franchise
Combine the explosive market potential of the $65 billion floor covering industry with the huge consumer convenience of shop-at-home, and you have the ingredients for a dynamic and successful franchise - Floor Coverings International. FCI is well established in the floor covering industry (since 1988) and understands the unique advantages of the shop-at-home concept. FCI can provide the training, support and systems to launch a successful business. FCI focuses on the residential replacement market, but has a full line of commercial products and window treatments for future vertical growth. Flooring is the top home improvement purchase made by homeowners. The FCI average ticket sale is over $5,000 compared to a $1,600 average by competitors in our market. We award exclusive territories that are designed to be large enough for owners to build large successful businesses. Our goal is to have a $2 million business in three years.
Background
Year Established: 1988
Year First Franchised: 1988
Franchised Units: 95
Company Owned Units: 0
Projected New Units (12 months): 25
States/Countries Registered In: We are registered in all 50 states in the US and the provinces of Canada.
Financial/Terms
Cash Investment: $50K
Total Investment: $150K to $275K
Minimum Net Worth: $250K
Franchise Fee: $40K
Discounts: FranVet, Women, Minorities? N/A
Royalty: 5%
Ad: 3%
Average # of Employees: 2 to start, grows by 1 for every $600,000 in revenue
Passive Ownership Allowed: Yes, as long as certain qualifications are met.
Earnings Claim: Yes
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