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Below is an in-depth analysis and side-by-side comparison of Nationwide Floor & Window Coverings 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 | $80,000 - $156,000 | $200,000 - $250,000 |
Franchise Fee | $31,900 - $45,900 | $10,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1992 | 2004 |
Year Franchised | 1992 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
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/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
After owning and operating his own mobile floor and window coverings business for several years in Wisconsin, Greg Schmich launched Nationwide Floor and Window Coverings as a franchise in 1992. Today franchisees throughout the U.S. and Canada offer in-home and in-office service to customers, selling carpet, vinyl, laminate flooring, hardwood, ceramic tiles, area rugs, blinds and shades, drapes and toppers and shutters.
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.