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Carpet Master
179 Christopher St.
New York, NY 10014
800#:
Tel: (516) 798-7000
Fax: (516) 795-3545
E-Mail:
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Jay Larson, VP Franchise Development
Free-standing, 1,000 SF retail carpet store. The franchise corporation handles all measuring, cutting, installation and delivery direct to franchisee's customer. Store is filled with over 6,000 colors and styles of brand-name carpet. Franchisee helps customer select carpet, then franchise headquarters processes it.
Franchisor Background
Established: 1994
First Franchise: 1995
Franchise Units: 12
Company-Owned Units:
Total Units: 12
Distribution:
U.S. -- 12;
Canada -- 0;
International -- 0
�North America -- Operations in 2 States
�States/Provinces with Greatest Density: 10 in NY, 2 in NJ
Projected New Units Over Next 12 months:18
Franchisee Qualifications:4, 4, 2, 4, 4, 5
(Click here for an explanation)
Registered in Following Registration States: FL,MD,NY,VA
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $62-97K
Total Investment: $62-97K
Average Total Investment: $79.5K
Minimum Net Worth: $150K
Fees
�Franchise: $25K;
�Average Franchise Fee: $25.0K
�Royalty: 5%
�Average Royalty: 5.0%
�Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/3
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: A,B,C,D,E,G,h,I (Click here for an explanation)
Training: 2 Weeks Long Island, NY; 1 Week Store Set-Up; 2 Weeks after Grand Opening.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Mexico, England, Spain, France
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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