Professional Fees
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As incurred

Footprints Floors

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$79,955 - $114,480
Total US Locations
87
Franchise Units
86
Founding Year
2008
Started Offering Franchises
2013
Management Capacity
Owner Operator
Job Count
2
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
No
Royalty Fee
6%
Marketing Fee
2%
Franchise Fee
$68,000
Headquarters (City, State)
Englewood, CO
Square Footage
NA
Retail Location?
No
Agreement Term Length
10
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

Footprints Floors is a home-based flooring installation and restoration franchise. They have been in the market since 2008 and provide customers with high-quality flooring services including hardwood, tile, laminate, and vinyl installation and restoration. Footprints Floors has developed a unique business model where franchise owners do not install floors themselves but instead manage subcontractor crews, giving them an edge with extremely low overhead - no employees, no showroom, and no inventory required. In addition, they provide a built-in call center that handles all scheduling and customer calls, corporate-managed marketing and lead generation, and national partnerships with reputable home improvement companies, though their most successful driver is their dedication to customer satisfaction and service quality.

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Management team / founders

As a veteran of the United States Air Force, Mr. Bryan Park attended the U.S. Air Force Academy in Colorado Springs before settling in Littleton, Colorado. With over 15 years of experience in the flooring industry -from sanding floors to sales to general manager- he launched Footprints Floors in 2008, setting out to disrupt an industry he felt was underperforming and under-serving the customer. He is the Founder and CEO of the company and continues to lead its growth and strategic direction. With more than 170 territories across over 40 states, Footprints Floors is dedicated to the continued success of franchisees. Franchise owners are supported with a corporate call center, lead generation, marketing, and comprehensive training. Extensive ongoing support is provided to help owners focus on growing their business and ensuring customer satisfaction.

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Focus of owner for daily business operations

As a Footprints Floors franchise operator, the main facets of the business entail: 1. Managing and coordinating subcontractor crews to ensure quality flooring installations; 2. Meeting with customers for in-home consultations and ensuring project satisfaction; 3. Building and maintaining relationships with subcontractors and local referral partners; 4. Review of financials, project schedules, and business growth metrics.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
6%
6%
6%
Marketing Fee
2%
Franchise Fee
$68,000
$49,500
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$68,000
$68,000
When Franchise Agreement is signed
Construction and Leasehold Improvements
$25
$150
As incurred
Furniture and Fixtures
$50
$1,000
As incurred
Equipment
$0
$5,000
As incurred
Franchise Starter Package
$1,930
$1,930
As incurred
Computer, Software, and Business Management System
$0
$3,000
As incurred
Service Vehicle
$300
$4,000
As incurred
Start-Up Marketing
$3,000
$5,000
As incurred
Insurance Deposits – Three Months
$50
$150
As incurred
Travel for Initial Training
$500
$5,000
As incurred
Professional Fees
$300
$1,000
As incurred
Licenses and Permits
$0
$2,000
As incurred
Printing, Stationery and Office Supplies
$50
$500
As incurred
Additional Funds – Three Months
$5,750
$17,750
As incurred
Total Estimate
$79,955
$114,480
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
76
77
+1
Franchised
2023
77
80
+3
N/A
2024
80
86
+6
N/A
2022
1
1
0
Company-Owned
2023
1
1
0
N/A
2024
1
1
0
N/A
2022
77
78
+1
Total Outlets
2023
78
81
+3
N/A
2024
81
87
+6
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Footprints Floors
8% / 13%
7% / 22%
0% / 22%
Industry median
3% / 11%
4% / 12%
0% / 3%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
50
% of Franchisees with Completed Litigation
50
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

The brand's rapid expansion to over 170 territories across 40+ states, supported by a thriving home improvement industry where 80% of the nation's homes are over 20 years old, provides potential investors with significant growth potential in a high-demand market.