TL;DR
Footprints Floors, a 150-plus-unit floor installation franchise, celebrates its successes in 2022, including signing new franchisees and opening locations in multiple new markets. The brand experienced a 54% increase in estimates for service and an 86.95% revenue increase in Q1 of this year compared to last year.
As the second half of the year begins, Footprints Floors, 150-plus-unit floor installation franchise, has a long list of milestones to celebrate. The brand, which was started in 2008 in the suburbs of Denver, Colorado, signed on a number of franchisees, opened many locations for business, had impressive customer and revenue growth, and broke into multiple new markets in different states.
In Q1 and Q2, Footprints Floors had seven new franchisees that signed agreements, and 11 owners that began operating. Four more franchisees in the system are pending opening. The markets that the brand has recently expanded to include Jacksonville and Space Coast in Florida; Boise, Idaho; Long Island, New York; Reno, Nevada; McAllen, Texas; Stamford, Connecticut; and Dayton, Ohio. The company has sold out some of those territories already.
For consumer growth, Footprints Floors experienced a 54% increase in estimates for service between January and June of 2022 compared to the same period last year. And on the revenue sale, the company has seen a 86.95% revenue increase in Q1 of this year compared to last year. Over three dozen franchisees have hit a personal best monthly revenue in 2022, and there are seven franchisees on track to break the million-dollar revenue mark this year.
The brand has also received some exciting recognition in the industry, appearing on a ranking from Entrepreneur's Franchise 500, and with CEO Bryan Park being appointed to the NWFA's board of directors.
In addition, the company’s new partnership with Synchrony just launched, and will allow franchisees the option to offer great financing rates to customers. They have rates of .29% for six months and 1.5% for a year-long financing period, with zero deferred interest to the customer, and Footprints Floors is able to offer this tier-one pricing to all franchise owners in their system.
For the rest of the year, the brand’s outlook is on growing at a strong and sustainable rate. The company is excited about all the franchise interest it is receiving and to continue to bring the Footprints Floors name to more regions of the country.
The startup costs for a Footprints Floors franchise range from $78,505 to $113,030, including a franchise fee of $69,480 for a single territory. To learn more about franchising with Footprints Floors, visit *
In this story
This story was originally published in 1851 Franchise on August 22, 2022. Burnaze summarizes and links to the original reporting.
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