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No competition! The ONLY on-site, 100% carpet dyeing and color restoration service in the world. Advanced technology provides cost-effective, convenient alternative to costly carpet replacement. Design dyeing, spot dyeing and color matching taught by experts. Large protected territory expansion program.
Franchisor Background
Year Established: 1979
Franchising Since: 1990
Operating Units: |
| Franchised Units: | 256 | | 99.6% | | |
| Company-Owned Units: | 1 | | 0.4% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 257 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 177 | | 68.9% | | In 14 States |
| Canada: | 48 | | 18.7% | | In 4 Canadian Provinces |
| International: | 32 | | 12.5% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 257 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Alberta | 12 | | 2. Florida | 18 |
Registered in Following Registration States: Florida, Hawaii, Illinois, Maryland, Michigan, Minnesota, Oregon, Virginia, Washington, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $150K |
| Cash Investment: | $25-35K |
| Total Investment: | $39-49K |
| Average Total Investment: | $44K |
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Fees: |
| Initial Franchise Fee: | $15K |
| Average Franchise Fee: | $15K |
| On-Going Royalty: | 3% |
| Average Royalty: | 3% |
| Advertising Fee: | 0% |
Average Number of Employees: 1 Full-time, 1 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? No
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | No |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | Yes, Member |
| Size of Corporate Staff: | 6 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | Not Applicable |
| Financial Assistance? | No |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Included in Fees |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Home Study | 2 Weeks | | 2. Orange Park, FL | 1 Week | | 3. On-the-Job Existing Franchisee's Site | 1 Week |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 3 |
| General Business Experience: | 4 |
| Specific Industry Experience: | 1 |
| Formal Education: | 4 |
| Psychological Profile: | 5 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | 5% |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | In order to support the objectives of the NMFI, we do offer a one-time incentive of $500 to $2,000 reduction of the franchise fee for qualified candidates of minority status, first franchisee in state or country, or a non-carpet industry related transferrable skill (such as teaching, chemistry, higher math, computer or artistry). |
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Terms of Contract
| Term of Initial Contract: | 5 Year(s) |
| Term of Renewal Period: | 5 Year(s) |
| Passive Ownership: | Allowed |
| Area Development Agreements? | Yes, for 1 Year(s) |
| Sub-Franchising Contracts? | Yes |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 24
| U.S.: | Yes, All United States |
| Canada: | Yes, All Canada |
| Overseas: | Yes, Primarily South America, Europe, Asia, Middle East |
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