Business Description

Carpet Network is a mobile full service carpet, flooring and window covering company servicing both residential and commercial customers with superior selections from the most prominent suppliers in the world. We provide home and business owners with an experience that is personalized and worry free with our Red Carpet Service. Carpet Network has focused on refining its systems to help our franchisees realize their full potential in the $20.9 billion dollar industry that is season less. Our state of the art tablet computer shortens the learning curve and increases customer confidence translating into sales. Targeted marketing programs cultivate mid to high-end clients translating into a 78% repeat and referral customer base. Carpet Network owners translate their low investment into high potential rewards. We are looking for individuals who are people oriented, can follow a proven system and want a business that is scalable.

Franchisor Background

Year Established:  1991

Franchising Since:  1992

Operating Units:
Franchised Units:	27	100%
Company-Owned Units:	0	0%
Total Operating Units:	27	100.0%
Geographic Distribution: U.S.: 27 100% In 13 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 27 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Minnesota	3
2. New Jersey	6
3. Pennsylvania	6

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Virginia, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$58.5K
Total Investment:	$68.4-92.7K
Average Total Investment:	$75K
Fees:
Initial Franchise Fee:	$39.5K + start-up costs of $20K
Average Franchise Fee:	$59K
On-Going Royalty:	7-2% sliding scale
Average Royalty:	4%
Advertising Fee:	$165/Mo.

Average Number of Employees: 1 (Owner-Operated) Full-time

Space Needs (in square footage):

Preferred Sites:

Other Sites: (Mobile) HB, WH

Encourage Conversions? Not Applicable

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	5
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	15 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	5
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Indirect
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items, Site Signs, Trade Show Exhibits
Additional Services:	Newsletter, Press Releases, Sales Strategies
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Home Study - Online Program	2 Weeks - Full Year
2. Mt. Laurel, NJ Home Office	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 15 U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Carpet Network.   •  Coupons   •  Promotional Items   •  UFOC