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Below is an in-depth analysis and side-by-side comparison of Stone Mountain-GCO Flooring Outlet vs SandFree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $289,500 - $409,500 | $40,600 - $64,650 |
Franchise Fee | $27,500 | $35,000 |
Royalty Fee | 1.5-2.5% | 5% |
Advertising Fee | - | - |
Year Founded | 1988 | 2001 |
Year Franchised | 1993 | 2002 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | Available at headquarters: 3 days+ |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
32% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
SandFree Wood Floor Refinishing may be a business opportunity that will meet your needs of profitability, independence, and cutting edge technology. With the addition of the Color Magic service, SandFree answers most of the needs of the customer who wants refinished floors but doesn't want to live through the dust, mess, and disruption that a traditional sanding, staining, and refinishing causes.