Floor Trader
Yes, we actively support the inclusion and development of minority-owned franchises in the Floor Trader system.
Floor Trader
4301 Earth City Expy.
Earth City, MO 63045
800#: (800) 466-6984
Tel: (314) 506-0000
Fax: (314) 291-6674
E-mail: franchiseinfo@floortrader.com
Web Site: www.floortrader.com
Contact: Mr. Jerry Butterbaugh, Director Franchise Development
Provide carpet and flooring from around the world in a value-oriented retail business. Stores are open 7 days a week, offering everyday low prices, a wide selection of on-hand carpet, ceramics, laminates and hardwoods for immediate purchase or ordering. Comprehensive support systems and an operating model that does not require installation and limits accounts receivable.
Franchisor Background
Established: 1992
First Franchise: 1993
Franchise Units: 104
Company-Owned Units: 1
Total Units: 105
Distribution:
> North America -- Operations in 35
> States/Provinces with Greatest Density: 15 in FL, 7 in MI, 6 in CA
Units Owned by Minorities:
>African-American:
>Hispanic: 1
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 7 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 15,000 SF; FS, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $300K
Total Investment: $250K-2.0MM
Average Total Investment: $1125K
Minimum Net Worth: $700K
Fees
>Franchise: $27.5K
>Average Franchise Fee: $27K
>Royalty: 2.5%/1.5%
>Advertising: 8%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 10
On-Going Support: a,B,D,E,G,h,I (for an explanation click here)
Training: 1 Week St. Louis, MO.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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