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Updated RecentlyStone Mountain-GCO Flooring Outlet vs Floor Depot Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stone Mountain-GCO Flooring Outlet vs Floor Depot 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 | $200,000 - $250,000 |
| Franchise Fee | $27,500 | $10,000 |
| Royalty Fee | 1.5-2.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2004 |
| Year Franchised | 1993 | 2006 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| 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) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Stone Mountain-GCO Flooring Outlet
About Floor Depot
Floor Depot is Canada's leading flooring franchise, specializing in the "booming" wood and hard surface flooring industry. Floor Depot attracts value-conscience consumers with top-quality products and superior pricing based on bulk inventory purchasing. Franchise set-up is fast and easy with our simple turnkey system. We offer franchisees a proven business model, marketing/advertising programs, purchasing power and ongoing franchise services and support. Get floored by the way we do business.