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Updated RecentlyStone Mountain-GCO Flooring Outlet vs Fabulous Floors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stone Mountain-GCO Flooring Outlet vs Fabulous Floors 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 | $25,095 - $56,795 |
| Franchise Fee | $27,500 | $19,995 - $29,995 |
| 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 | - | We are seeking individuals who have a strong work-ethic and the willingness to follow our proven system. FabulousFloors� has been successful due to our operating methods and our focus on providing superior customer service. We are confident in our ability to train individuals to successfully duplicate our system. Franchisees must also have the minimum financial qualifications necessary to fund the opening and ongoing operation of the franchise. |
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 | - | Our comprehensive 3-day training program covers every aspect of the FabulousFloors� business, including: * Advertising & Promoting Your Services * Daily Operations * Floor Restoration Services * Equipment, Inventory, and Supplies * Vehicle Setup * Route Management * Sources of Supply * Client Service * Advertising * Administration * Accounting and Bookkeeping * Employee Recruiting and Training * Back-Office Support |
| 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) | You can be an absentee owner, provided that we approve your Manager and they successfully complete our initial training program. However, we encourage caution in putting your franchise business in the hands of an employee, who may elect to move on to a different opportunity at some point in the future. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Stone Mountain-GCO Flooring Outlet
About Fabulous Floors
Are you searching for a business where you can enjoy being your own boss and yet be supported by a team of professionals dedicated to your success? FabulousFloors offers exactly that and with our fast start program, you can be operating your Fabulous Floors franchise within four weeks!
FabulousFloors franchisees help homeowners enjoy the original beauty of their hardware floors using our proprietary refinishing system, which is dustless and odorless! The remarkable FabulousFloors system brings back the beauty and character of hardwood floors by gently buffing minor nicks and scratches in the floor's finish, without sanding away precious wood.
Our business is in high demand as more and more homeowners choose to restore their wood floors rather than spend a small fortune to replace them. In addition, our proprietary process saves clients additional money over the costs of traditional wood floor refinishers! Our customers include homeowners, businesses, and remodeling contractors. We have built a reputation based on the quality of our work and the efficiency of our service. As you begin learning more about this exciting opportunity, you will find that no other company does it the FabulousFloors way!
Why FabulousFloors?
* High Consumer Demand
* Low Investment
* Low Overhead and Operating Costs
* Rapid R.O.I.
* High Gross Margins
* Operate in a Growing Industry
* Professional Image
* Successful, Duplicable System