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Carpet Network
109 Gaither Dr., # 302
Mount Laurel, NJ 08054-1704
800#: (800) 428-1067
Tel: (856) 273-9393
Fax: (856) 273-0160
E-Mail: [email protected]
Web Site: www.carpetnetwork.com
Contact: Mr. Leonard Rankin, President/CEO
'The Traveling Floor and Window Store.' A mobile business offering carpet, area rugs, laminate, wood, vinyl flooring and window treatments in the convenience of the consumer's home or business. Over 4,000 selections from leading manufacturers, serving today's 'time starved' consumer. Large exclusive territories, marketing strategy - training - 24-hour support and much more.
Franchisor Background
Established: 1991
First Franchise: 1992
Franchise Units: 46
Company-Owned Units:
Total Units: 46
Distribution:
U.S. -- 38;
Canada -- 0;
International -- 0
�North America -- Operations in 18 States
�States/Provinces with Greatest Density: 8 in PA, 4 in NY, 3 in NJ
Projected New Units Over Next 12 months:15
Franchisee Qualifications:4, 3, 1, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: FL,IN,MN,NY
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; HB
(Click here for abbreviations)
Encourage Conversion: N/A
Financial Requirements
Cash Investment: $18-28K
Total Investment: $25-35K
Average Total Investment: $30.0K
Minimum Net Worth: $50K
Fees
�Franchise: $14.5K;
�Average Franchise Fee: $14.5K
�Royalty: 2-7%
�Average Royalty: 4.5%
�Advertising: $165/Mo.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/15
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: N/A
Financial Assistance: Yes(D)
Cooperative Advertising: N/A
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 5
On-Going Support: C,D,G,h,I (Click here for an explanation)
Training: 6 Days at Corporate Office, Mt. Laurel, NJ.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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