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Updated RecentlyStone Mountain-GCO Flooring Outlet vs Floor Restore Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stone Mountain-GCO Flooring Outlet vs Floor Restore 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 | $95,403 - $182,353 |
| Franchise Fee | $27,500 | $35,000 |
| Royalty Fee | 1.5-2.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1988 | - |
| Year Franchised | 1993 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | * Are you out of work or under employed? * Are you in the construction industry and struggling for stable income? * Are you a small flooring retailer looking for an avenue into the restoration market? * Have you looked at other franchises and found them to be just too expensive? * Are you looking for a professional business without the investment and overhead of an office or store front? |
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 | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Stone Mountain-GCO Flooring Outlet
About Floor Restore
A business you can afford. No matter how depressed the economy gets, there will always be fires and floods. Come be a part of the most unique restoration concept ever developed for the franchise market. Floor Restore is a franchise backed by staff that knows this business inside and out. In fact, it was the success generated by the Floor Restore officers during the worst economy in recent history that served as the foundation for the franchise format. When you become a Floor Restore Franchisee, you will know you have been completely trained and prepared for the exciting business journey ahead. You will also have the confidence of knowing you have the most comprehensive support structure available to make sure you have the best chance of success. Floor Restore is head quartered in Las Vegas Nevada. This will also be the location of the majority of our training. When you come to train, be prepared to work hard, but ready to have fun as well! Floor Restore Franchise Facts * Floor Restore business model is based on a real company that made a generous profit in a down market. * It is entirely possible to get started for under $100,000.00. Compare that with other franchise opportunities with such support. * The first Floor Restore Franchise was offered in February 2010. * To operate a Floor Restore Franchise in most states, you or some member of your team must be eligible for a construction license(s) pertaining to flooring and tile. If you do not have a qualified person, we will work to help you acquire one. * Franchise territories will be offered first come first serve. Existing franchisee's will be given first option on newly open territories. * Franchise territory is protected from poaching by other Floor Restore Franchisees. We are always looking for hard working honest individuals with either a flare for interior design or construction experience to join our franchise family. If you are interested and think you'd make a good candidate, then we would love to hear from you.