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Stone Mountain - GCO Carpet Outlet

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Stone Mountain - GCO Carpet Outlet
4301 Earth City Expy.
Earth City, MO 63045
800#: (800) 466-6984
Tel: (314) 493-9639
Fax: (314) 291-6674
E-Mail: [email protected]
Web Site: www.floortrader.com
Contact: Mr. Jerry Butterbaugh, Director Franchise Development


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 receivable.




Franchisor Background


Established: 1992
First Franchise: 1993
Franchise Units: 104
Company-Owned Units: 1
Total Units: 105

Distribution:
U.S. -- 105; Canada -- 0; International -- 0
-North America -- Operations in 35
-States/Provinces with Greatest Density: 15 in FL, 7 in MI, 6 in CA

Projected New Units Over Next 12 months:
Franchisee Qualifications: , , , , ,
(Click here for an explanation)

Registered in Following Registration States: (Click here for an explanation)
Average Number of Employees: 7 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 15,000 SF; FS, SC (Click here for abbreviations)
Encourage Conversion:


Financial Requirements

Cash Investment: $300K
Total Investment: $250K-2.0MM
Average Total Investment: $1,125.0K
Minimum Net Worth: $700K

Fees:
-Franchise: $27.5K
-Average Franchise Fee: $27.5K
-Royalty: 2.5%/1.5%
-Average Royalty: 2.0%
-Advertising: 8%

Provide Earning Claim Statement: NR


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance:
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: a,B,D,E,G,h,I (Click here for an explanation)
Training: 1 Week St. Louis, MO.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada:
Overseas:

Note: NR = No Response by Franchisor.
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