Start-Up Costs and Fees |
||
| Fabulous Floors | Floor Coverings International | |
| Investment | 25095 - 56795 | 154200 - 222700 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1988 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fabulous Floors | Floor Coverings International | |
| Experience | We are seeking individuals who have a strong work-ethic and the willingness to follow our proven system. FabulousFloors has been successful due to our operating methods and our focus on providing superior customer service. We are confident in our ability to train individuals to successfully duplicate our system. Franchisees must also have the minimum financial qualifications necessary to fund the opening and ongoing operation of the franchise. | General business experience Marketing skills Direct sales experience |
Financing Options |
||
| Fabulous Floors | Floor Coverings International | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fabulous Floors | Floor Coverings International | |
| Training | Our comprehensive 3-day training program covers every aspect of the FabulousFloors business, including: * Advertising & Promoting Your Services * Daily Operations * Floor Restoration Services * Equipment, Inventory, and Supplies * Vehicle Setup * Route Management * Sources of Supply * Client Service * Advertising * Administration * Accounting and Bookkeeping * Employee Recruiting and Training * Back-Office Support | We are going to teach you world-class business practices - from estimating a job to maintaining strong margins through efficient project management, to training employees to understanding and utilizing sales and marketing strategies .You will receive everything you need to become a successful member of the Floor Coverings International family of franchisees. Franchise training consists of a combination of classroom, online and field learning. Your three weeks of comprehensive franchise training are spread over the course of several months to promote maximum retention and franchise success. On-The-Job Training: 12 hours Classroom Training: 40 hours Additional Training: Regional meetings & national convention |
| Support | We are available year round to help you to continue learning and provide additional franchise training for franchise success. It all starts with our annual convention. This is where all members of the Floor Coverings International family assemble to recap the successes of the year and plan for the upcoming year. For franchisees there are also peer meetings. These "momentum groups" are a great resource for franchisees of varying experience levels to create synergy by sharing successful local sales techniques and business strategies. We provide a comprehensive data system that enables you to manage every aspect of your business. You will be able to manage your marketing programs, leads, scheduling, estimates, jobs in progress and employees all from one interface. You'll be able to download and upload information to and from corporate databases, customize reports to fit your business model, and manage your business against established plans and goals. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad slicks, Regional advertising | |
| Operations | You can be an absentee owner, provided that we approve your Manager and they successfully complete our initial training program. However, we encourage caution in putting your franchise business in the hands of an employee, who may elect to move on to a different opportunity at some point in the future. | Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Fabulous Floors | Floor Coverings International | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fabulous Floors | |
| Floor Coverings International | |
| Franchise Fee | |
| Fabulous Floors | |
| Floor Coverings International | |
| Royalty Fee | |
| Fabulous Floors | |
| Floor Coverings International | 5% |
| Advertising Fee | |
| Fabulous Floors | |
| Floor Coverings International | 3% |
| Year Founded | |
| Fabulous Floors | 0 |
| Floor Coverings International | 1988 |
| Year Franchised | |
| Fabulous Floors | 0 |
| Floor Coverings International | 1989 |
| Term Of Agreement | |
| Fabulous Floors | |
| Floor Coverings International | 5 years |
| Renewal Fee | |
| Fabulous Floors | |
| Floor Coverings International | |
Business Experience Requirements |
|
| Experience | |
| Fabulous Floors | We are seeking individuals who have a strong work-ethic and the willingness to follow our proven system. FabulousFloors has been successful due to our operating methods and our focus on providing superior customer service. We are confident in our ability to train individuals to successfully duplicate our system. Franchisees must also have the minimum financial qualifications necessary to fund the opening and ongoing operation of the franchise. |
| Floor Coverings International | General business experience Marketing skills Direct sales experience |
Financing Options |
|
| Franchise Fees | |
| Fabulous Floors | |
| Floor Coverings International | |
| Start-up Costs | |
| Fabulous Floors | |
| Floor Coverings International | |
| Equipment | |
| Fabulous Floors} | |
| Floor Coverings International | |
| Inventory | |
| Fabulous Floors | |
| Floor Coverings International | |
| Receivables | |
| Fabulous Floors | |
| Floor Coverings International | |
| Payroll | |
| Fabulous Floors | |
| Floor Coverings International | |
Training & Support |
|
| Training | |
| Fabulous Floors | Our comprehensive 3-day training program covers every aspect of the FabulousFloors business, including: * Advertising & Promoting Your Services * Daily Operations * Floor Restoration Services * Equipment, Inventory, and Supplies * Vehicle Setup * Route Management * Sources of Supply * Client Service * Advertising * Administration * Accounting and Bookkeeping * Employee Recruiting and Training * Back-Office Support |
| Floor Coverings International | We are going to teach you world-class business practices - from estimating a job to maintaining strong margins through efficient project management, to training employees to understanding and utilizing sales and marketing strategies .You will receive everything you need to become a successful member of the Floor Coverings International family of franchisees. Franchise training consists of a combination of classroom, online and field learning. Your three weeks of comprehensive franchise training are spread over the course of several months to promote maximum retention and franchise success. On-The-Job Training: 12 hours Classroom Training: 40 hours Additional Training: Regional meetings & national convention |
| Support | |
| Fabulous Floors | |
| Floor Coverings International | We are available year round to help you to continue learning and provide additional franchise training for franchise success. It all starts with our annual convention. This is where all members of the Floor Coverings International family assemble to recap the successes of the year and plan for the upcoming year. For franchisees there are also peer meetings. These "momentum groups" are a great resource for franchisees of varying experience levels to create synergy by sharing successful local sales techniques and business strategies. We provide a comprehensive data system that enables you to manage every aspect of your business. You will be able to manage your marketing programs, leads, scheduling, estimates, jobs in progress and employees all from one interface. You'll be able to download and upload information to and from corporate databases, customize reports to fit your business model, and manage your business against established plans and goals. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Fabulous Floors | |
| Floor Coverings International | Ad slicks, Regional advertising |
| Operations | |
| Fabulous Floors | You can be an absentee owner, provided that we approve your Manager and they successfully complete our initial training program. However, we encourage caution in putting your franchise business in the hands of an employee, who may elect to move on to a different opportunity at some point in the future. |
| Floor Coverings International | Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Fabulous Floors | |
| Floor Coverings International | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Fabulous Floors | |
| Floor Coverings International | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Fabulous Floors | |
| Floor Coverings International | Canada, |