Floor Coverings International Achieves Record Franchise Growth with 30 Q3 Agreements
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Floor Coverings International, recognized as the leading flooring franchise in North America, has demonstrated remarkable growth momentum by securing 30 franchise agreements during the third quarter, including 15 signed in August alone. This performance brings the company's year-to-date total to 70 signed agreements, putting the brand firmly on track to achieve its ambitious goal of 100 new agreements by the end of 2025.
The flooring industry's projected annual growth rate of 2.4% over the next four years provides a favorable backdrop for this expansion. This steady market growth is supported by consistent demand across both residential and commercial sectors, positioning flooring services as an attractive segment within the broader home services industry with relatively low entry costs and strong profit margins.
Tom Wood, President and CEO of Floor Coverings International, characterized the August performance as a historic milestone for the organization. He emphasized the strategic importance of resales in strengthening existing markets while bringing new entrepreneurial talent into the franchise system. Simultaneously, expansion into new territories enables the brand to extend its reach to more households nationwide, with August alone seeing expansion into eight new territories alongside seven resales.
The franchise opportunity presents an accessible entry point for entrepreneurs, with total investment costs for two territories ranging from $257,000 to $467,000. The company specifically targets entrepreneurs with ambitious growth mindsets, seeking individuals who think in multi-million dollar terms and demonstrate continuous learning attitudes. According to the company's Franchise Disclosure Document, the top 50 percent of operators generated average revenue of $1.75 million in 2024, while the top 10 percent achieved gross revenues of $3.3 million.
Floor Coverings International maintains its category leadership through innovative approaches including its Mobile Flooring Showrooms, data-driven performance systems, and comprehensive support infrastructure. These elements combine to create a foundation for sustained growth and long-term franchisee success. For additional information about the franchise opportunity, prospective investors can visit https://flooring-franchise.com/.
The company's expansion strategy reflects broader trends in the home services sector, where mobile and convenience-oriented business models are gaining traction. With over 250 locations currently operating throughout the United States and Canada, Floor Coverings International continues to identify significant opportunities for further market penetration and territorial expansion.
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