Seller's Contact Information
- RE: Growing Flooring Franchise
- Contact: Kevin Dover
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $526,004 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $6,229 | |
Total Debt: | Not Disclosed | |
FF&E: | $88,306 | |
Real Estate: | Not Disclosed | |
Year Established: | 2 | |
Employees: | 2 | |
BBN Listing #: | 27344955 | |
Broker Reference #: | 6021-17486 |
Business Overview:
As a franchise opportunity, this Flooring Company stands out. The business is built on relationships to provide customers with the very best in-home flooring experience in North America! The proven business model has also helped hundreds of entrepreneurs thrive – in a business that is simple to run and easy to scale. Their large, protected territories cover an area with over $40 million worth of residential flooring opportunities. The exceptional training and ongoing support helps franchisees capitalize on this $40 million opportunity in their markets. With over 200 locations in the United States and Canada, this flooring company is ready to expand across the country rapidly. Their commitment to giving back extends beyond the four walls of our customers’ homes and into the communities where their customers live, work and play. Ranked as #158 in the top 500 Franchises by Entrepreneur Magazine 2022.
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Property Features and Assets:
This franchise has a 1,675-square-foot commercial space and a mobile showroom. The lease will end in February 2023 and is available month to month after. The current lease is $1,100 a month. Assets = $88,306
Market Competition and Expansion:
This flooring franchise disrupts the flooring industry by revolutionizing how homeowners buy new floors, disrupting the $48 billion residential flooring for good. While the rest of the industry still makes consumers leave their homes to visit a big box store to make a personal and important decision for their homes, this franchise brings the flooring store directly to our customers’ kitchen tables. Their revolutionary model of ease and convenience has been rewarded with the highest NET Promoter Score in our industry. In today’s world, where homeowners focus on safety and convenience for their home improvement projects, this company stands out as a brand that has brought a new way of servicing customers to the flooring industry. When you’re exploring business opportunities, you want to be confident that the brand you’re going to franchise with will provide you with a business model capable of delivering a high quality of life, a good return on your investment, and the ability to grow over the long term. This Franchisor is proud that their business model is designed to help franchise owners thrive in business and quickly scale up to multi-unit ownership. By offering a highly differentiated service within the already booming flooring industry, they can occupy a singular and rapidly segmented niche of hyper-personalized custom flooring sales. Their unique ability to bring a mobile showroom with over 3,000 samples of hardwood, tile, carpet, vinyl, laminate, marble, and more, directly to their customer’s driveway has allowed them to modernize the way homeowners have historically purchased their new flooring. More importantly, because their franchise owners and their teams act as design consultants, offer consumer financing options, and have beautiful products that rival anything in a big box store, consumers reward our franchise owners with their loyalty, their loyalty, and their checkbooks and their recommendations.
Reason for Selling:
Health-related.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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