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Carpet Network

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Carpet Network
109 Gaither Dr., # 302
Mount Laurel, NJ 08054-1704
800#: (800) 428-1067
Tel: (856) 273-9393
Fax: (856) 273-0160
E-Mail: [email protected]
Web Site: www.carpetnetwork.com
Contact: Ms. Jennifer Ostroff, VP Operations/Franchise Devel.


'The Traveling Floor and Window Store.' A mobile business offering carpet, ceramic tile, area rugs, laminate, wood, vinyl flooring and window treatments in the convenience of the consumer's home or business. Over 4,000 selections from leading manufacturers, serving today's 'time starved' consumer. Large exclusive territories, marketing strategy - training - 24-hour support - up-to-date technology and much more.




Franchisor Background


Established: 1991
First Franchise: 1992
Franchise Units: 46
Company-Owned Units: 0
Total Units: 46

Distribution:
U.S. -- 46; Canada -- 0; International -- 0
-North America -- Operations in 19 States
-States/Provinces with Greatest Density: 7 in PA, 6 in NJ, 3 in NY

Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 5, 3, 3, 5, 5
(Click here for an explanation)

Registered in Following Registration States: All States Exc. MD,ND,RI,SD,WA (Click here for an explanation)
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; (Mobile) (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $28.9K
Total Investment: $33-44.1K
Average Total Investment: $38.5K
Minimum Net Worth: $75K

Fees:
-Franchise: $21.5K
-Average Franchise Fee: $21.5K
-Royalty: 2-7%
-Average Royalty: 4.5%
-Advertising: $165/Mo.

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 15/15
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: Yes(D)
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 7
On-Going Support: C,D,G,H,I (Click here for an explanation)
Training: 2 Weeks Home Study; 1 Week Mt. Laurel, NJ Home Office.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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