Business Description

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:	104	99%
Company-Owned Units:	1	1%
Total Operating Units:	105	100.0%
Geographic Distribution: U.S.: 105 100% In 35 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 105 100.0%

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

Density	Units
1. California	6
2. Florida	15
3. Michigan	7

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$700K
Cash Investment:	$300K
Total Investment:	$376.3K-692K
Average Total Investment:	$534K
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?: No

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
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
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
Expansion Plans
Projected New Units Over Next 12 months: NR U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Floor Trader.