10 Best Flooring Franchise Opportunities 2024

The demand in the flooring industry is rising at a CAGR of 5.77%, and if you are looking to invest in this industry, then this guide on the best flooring franchise opportunities is just for you.

According to Arizton Advisory and Intelligence, the market size of the flooring industry is $376.20 billion currently and is expected to reach 526.73 billion by 2028, which tells us that this might be a good time to invest in the flooring industry.

So make sure you read this guide till the end to explore all the 10 best flooring franchise opportunities.

10 Best Flooring Franchise Opportunities

Best Flooring Franchise Opportunities

1. Floor Coverings International

Floor Coverings International
Founded1988
Franchising Since1988
Estimated Outlets250+
Initial Investment$154,400 – $341,000
Franchise Fee$90,000
Liquidity$50,000
Royalty Fee5%

Floor Coverings International is one of the best flooring franchises in the U.S. and Canada. The company is known for offering a variety of flooring and laminates.

The initial investment for this franchise starts at $154,400, and in return, this franchise can help you generate $1,180,809 in gross annual revenue on average.

The qualifying candidates receive six weeks of pre-training along with 5 plus 90 days of HQ training and on-the-job training to help them set up this business easily.


2. Garage Experts

Garage Experts
Founded2008
Franchising SinceN/A
Estimated OutletsN/A
Initial Investment$97,932 – $186,682
Franchise Fee$50,00
Liquidity$65,000
Royalty FeeN/A

Garage Experts is a leading commercial epoxy and polyaspartic flooring franchise with over 15 years of experience.

This company has a wide customer base and a successful business model, using which you can start earning money in as little as thirty days.

However, to be eligible, you must have a FICO score of 680+, two years of leadership experience, and sales experience. Along with this, you also need to have a minimum of $150,000 net worth and no bankruptcy record in the last seven years.

This is one of the best flooring franchises that you can get for this price if you meet the franchisor’s strict eligibility criteria.


3. Footprints Floors

Footprints Floors
Founded2008
Franchising Since2013
Estimated Outlets79+
Initial Investment$78,505 – $113,030
Franchise Fee$68,000
Liquidity$50,000
Royalty Fee6%

Footprints Floors is a flooring installation company that was founded by Bryan Park in Denver, Colorado.

The company does a great job at helping customers find local reputable vendors that offer great quality flooring options and only offer installation services for their chosen flooring.

Since the company does not maintain expensive stores or showrooms, its initial investment amount is very low. To be eligible, you must have $50,000 in liquid cash and capital of up to $113,030.

However, Footprints Floors does offer financing through Synchrony and discounts to eligible veterans. If you are looking to buy just a flooring installation franchise that is also affordable, then Footprints Floors is a great option for you.


4. SandFree

SandFree
Founded2004
Franchising Since2008
Estimated Outlets15+
Initial Investment$35,000
Franchise FeeDepends on territory size
LiquidityN/A
Royalty Fee5%

SandFree is a low-entry mobile franchise that has very low overhead costs and fees. The company is known for offering innovative services by combining tech, chemical, and computer advances.

As a result, there is no dust and odor that customers usually deal with in traditional flooring methods. SandFree’s flooring installation method also has a low downtime as well.

And it’s not just the company’s services that are innovative; their franchise system is, too. Unlike other franchises, SandFree does not charge an ongoing marketing fee and allows franchisees to do the advertising as per their needs.

You can get this franchise for as low as $35,000, making it one of the best low-cost flooring franchises.


5. ProSource Wholesale

ProSource Wholesale
Founded1990
Franchising Since1991
Estimated Outlets150+
Initial Investment$910,216 – $916,966
Franchise Fee$46,450
Liquidity$300,000
Royalty Fee3%

ProSource Wholesale is an all-in-one company that offers flooring services and Kitchen and Bathroom remodeling services.

The outlet of a ProSource franchise owner is usually 10,000 and 12,000 square feet in size and is typically found in industrial parks. This is the reason why this franchise is so expensive to invest in.

Also, to be eligible for this franchise there are three conditions that you must meet. You should have a solid credit rating, minimum net worth of $1 million, and minimum liquid capital of $300,000.

ProSource Wholesale does not offer in-house financing, but they can provide you with a list of third-party sources.


6. Tile Liquidators

Tile Liquidators
Founded2015
Franchising Since2019
Estimated Outlets16+
Initial Investment$85,000
Franchise Fee$35,000
Liquidity$50,000
Royalty Fee$1800 per month

Tile Liquidators is another affordable flooring franchise that you can invest in. The company was founded in 2015 and, by 2019, started offering franchises to expand their business.

The company is known for offering various flooring options, including carpet, tile, luxury vinyl, laminate, hardwood, and natural stone­.

Franchisees are given territory protection so that they do not face competition in their area. However, the best part is that the Tile Liquidators franchise is growing at a rapid scale and is very affordable, so you can consider investing in it.


7. Mr. Sandless

Mr. Sandless
Founded2004
Franchising Since2006
Estimated Outlets192+
Initial Investment$58,000
Franchise Fee$15,000
LiquidityN/A
Royalty Fee6%

Mr. Sandless was established in 2004, and just in two years, they started offering franchises. The company had only twelve outlets at that time, and each year, its franchise circle started to grow. But today, it has reached over 192 locations.

The franchise fee of this business is the lowest ($15,000), and so is the investment ($58,000). If you do not have the needed investment, then you can start this franchise by taking a credit card loan as well.

The earning potential of Mr. Sandles’s franchise is also good as per the investment. If this franchise interests you, then you can find more information on the company’s website.


8. Steel Coated Epoxy Floors

Steel Coated Epoxy Floors
Founded2018
Franchising SinceN/A
Estimated Outlets35+
Initial Investment$11,500 – $16,500
Franchise Fee$95,000
LiquidityN/A
Royalty Fee8%

Stee­l Coated Epoxy Floors was founded in 2018 and is a leading provider of epoxy floor coatings. The company offers services such as Residential Coatings, Garage Floors, Epoxy Base­ment Flooring, Shop Floors, Commercial Coatings, and Concrete­ Coatings.

The company had 35 units in total in 2022, out of which 25 were franchise-owned, which shows steady growth.

For more details about this franchise, you will have to get in touch with the company and ask for their FDD.


9. WISE Coatings

WISE Coatings
Founded2020
Franchising Since2021
Estimated Outlets15+
Initial Investment$124,000
Franchise Fee$50,000
LiquidityN/A
Royalty Fee5%

Wise Coatings is a pretty new company in the home improvement industry that is known for offering concrete coating services.

The company provides coatings for basements, garage­s, patios, offices, ware­houses, restaurants, and storage space­s.

Wise Coatings is a low-investment, low-overhead franchise opportunity, and you can visit the company’s website to find out more details about this company.


10. All American Flooring

All American Flooring
Founded1989
Franchising SinceN/A
Estimated OutletsN/A
Initial Investment$25,000
Franchise FeeN/A
LiquidityN/A
Royalty FeeN/A

All American Flooring is a company based in Texas that has been offering amazing flooring options and installation services for 30 years.

There is not much detail about the company’s investment, but we do know that their initial investment starts at as low as $25,000.

As per the company’s website, the average sales of All American Flooring franchise owners is $951,642, which looks like a great ROI.

The only problem with this flooring franchise option is that it can only be opened in Texas.


Comparison Of 5 Best Flooring Franchise Opportunities

CompanyFoundedOutletsFranchise FeeInitial Investment Royalty Fee
Floor Coverings International1988250+$90,000$154,400 – $341,0005%
Garage Experts2008N/A$50,00$97,932 – $186,682N/A
Footprints Floors200879+$68,000$78,505 – $113,0306%
SandFree200415+Depends on territory size$35,0005%
ProSource Wholesale1990150+$46,450$910,216 – $916,9663%

When Should You Choose A Flooring Franchise?

To find out if a flooring franchise is good for you or not, you must ask yourself the following questions:

Is the business in demand where I live?

The first thing that you should find out before investing in a flooring franchise is to find out what the service demand in your area is like.

For example, areas that are more prone to floods or water damage may require this service more frequently. If there is demand for flooring services in your area, then that’s a green flag to go ahead.

Am I okay with partial control over my business?

When you buy a flooring or any type of franchise, you should know that you only get limited control over the business.

The franchisor will control your services, timings, uniform, marketing, etc. So, get into franchising only when you do not mind having partial control over your business.


Things You Need To Know Before Choosing A flooring Franchise

Before you buy a flooring franchise, here are some things that you must think about:

Royalty and other fees

Royalty is the fee you pay for getting a brand’s name and business model. So before you choose a flooring franchise, make sure you check the royalty, marketing, and other fee that will be charged to you.

Royalty and marketing fees will be deducted from your revenue monthly, so you might want to make sure that this amount is not too high.

Training and Support

In order run a flooring business, especially with zero industry experience, can be really challenging. So make sure the franchise you choose offers the necessary training and ongoing support to help you get prepared and set up your business with ease.

The training period for different companies could be different. It can be as much as 30 days to 6 months.

Financing Help

Many flooring franchises have low investment, but if you choose a high-investment option or simply do not have the necessary capital, then consider getting a franchise that offers in-house or third-party financing help.


Best Flooring Franchise Opportunities: Wrap Up

There is huge potential for growth in the flooring industry, and the best part is that this franchise does not require you to make a heavy investment.

You can get a profitable flooring franchise for as low as $15,000 and enjoy profit margins that are way more than the industry average of most businesses.

We hope you were able to find a good fit for yourself in the 10 best flooring franchise opportunities mentioned in this guide.


FAQ’s

How Much Does A Flooring Franchise Cost?

The cost to open a flooring franchise can vary depending on your chosen brand. However, based on the options shared in this guide, we can say that, on average, a flooring franchise can cost you anywhere between $11,500 to $916,966. There are plenty of affordable options available in this industry, so investment is not that big of a problem.

How Much Can I Make From A Flooring Franchise?

Your earnings from a flooring franchise will totally depend on the brand you choose, your location, the demand in your area, etc. However, on average, you can expect to make a five-figure annual income easily.

Is Flooring Business Profitable?

Yes, the flooring industry is always in demand and is quite a lucrative industry to get into. In fact, the profit margin in the flooring industry is as high as 38% to 45%, unlike most business niches. 

Which Is The Cheapest Flooring Franchise To Own?

As per the options mentioned in this guide, Steel Coated Epoxy Floors is the cheapest franchise to own, with an investment starting at just $11,500, followed by All American Flooring, with an investment starting at $25,000.

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