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Floor Trader

Provide carpet and flooring from around the world in a value-oriented retail business. Stores are open 7 days a week offering everyday low prices, a wide selection of on-hand carpet, ceramics, laminates and hardwoods for immediate purchase or ordering. Comprehensive support systems and an operating model that does not require installation and limits accounts receivables.

Franchisor Background

Year Established:

1992

Franchising Since:

1993

Operating Units:
Franchised Units:	116	99.1%
Company-Owned Units:	1	0.9%
	______	_____
Total Operating Units:	117	100%

Geographic Distribution:
U.S.:	105	100%	In 35 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	105	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Florida	15
2. Michigan	7
3. California	6

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$700K
Cash Investment:	$300K
Total Investment:	$376.3K
Average Total Investment:	$376K

Fees:
Initial Franchise Fee:	$27.5K
Average Franchise Fee:	$27K
On-Going Royalty:	2.5%<500K, 1.5%>500K
Average Royalty:	0%
Advertising Fee:	8%

Average Number of Employees:

7 Full-time, 1 Part-time

Space Needs (in square footage):

15,000

Preferred Sites:

Free-standing Building, Strip Center

Other Sites:

Encourage Conversions?

Not Applicable

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	10
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	At Additional Cost
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Not Applicable
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees

Training:
1. St. Louis, MO	1 Week

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3

Minority Representation

Units Owned by Minorities:
African-American:	0
Asian-American:	0
Hispanic:	1
Native American:	0
Other:	0
Specific Minority:	Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 0 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: