Carpet Network Franchise Opportunity

DESCRIPTION: Carpet Network is "The Traveling Floor and Window Store." This is a mobile business offering carpet, area rugs, laminate, ceramic tile, wood, vinyl flooring and window treatments in the convenience of the consumer’s home or business. Serving today's time-starved customer, we offer over 4000 selections from the leading manufacturers. We also provide large exclusive territories, marketing strategy, training, twenty-four hour support, private intranet, global website, and much more.
BACKGROUND
Established: 1991
1st Franchised: 1992
Franchised Units: 42
Company Owned Units: 0
Projected New Units (12 Months): 12
Registered: All Except MD, ND, RI, SD, WA
FINANCIAL/TERMS
Cash Investment: $22,150 (Start-up Cost 7,400)
Total Investment: Currently $28.9K, plus van lease/purchase
Minimum Net Worth: $75K
Franchise Fee: Currently $21.5K
Royalty: 7-2%, based on sales
Ad: $165 per month
Average Number Of Employees: 1 FT (owner operated)
Passive Ownership: Discouraged
SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes, will finance 50% of FF
Site Selection Assistance: Yes
Lease Negotiation Assistance: N/A
Co-Operative Advertising: N/A
Training: 6 days at corporate office, Mt. Laurel, NJ.
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