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Share Name | Share Symbol | Market | Type |
---|---|---|---|
FirstService Corporation | NASDAQ:FSV | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.63 | 0.36% | 175.46 | 175.20 | 175.48 | 175.88 | 174.795 | 175.58 | 21,442 | 18:01:49 |
ATLANTA, July 30, 2024 /PRNewswire/ -- Floor Coverings International® (FCI), the No. 1 flooring franchise in North America, known for its locally owned Mobile Flooring Showrooms® and knowledgeable teams of trusted professionals, is doubling down on its all-time high performance with the strategic hires of six new support team members to further drive franchisee profitability.
According to Floor Coverings International's Franchise Disclosure Document, the top 50 percent of operators generated $1.6 million in average revenue in 2023 with the top 10 percent operators grossing $3.3 million in average unit volume*. Both figures represent all-time highs for the mobile home services franchise, yet FCI is on a mission to grow these number even higher.
Floor Coverings International continues to invest in its support programs, announcing the strategic hires of:
"The unwavering dedication and commitment of our enhanced leadership team have been pivotal in driving our expansion efforts and elevating our overall performance," said Tom Wood, President & CEO of Floor Coverings International. "We eagerly anticipate the impactful programs and initiatives this exceptional group will implement."
Notably, Floor Coverings International proudly unveils its new customer experience-centric website. The website enhances the customer journey with features including a flooring quiz, inspiration gallery, flooring tips, and more, as FCI positions itself as the expert flooring advisor to help make customer visions a reality.
Floor Coverings International's impressive support, commitment to innovation, low-cost investment ranging from $154,400 – $341,000**, and revenue potential continues to drive prospects to the franchise opportunity.
The rapidly growing brand reports strong mid-year growth with 40 openings and the signing of 40 new franchisees into its system in 2024. Making for a record-breaking consecutive quarters, these numbers reflect a 25% growth increase year-over-year and puts Floor Coverings International on the fast track to achieving its goal of awarding 100 new franchisees and reaching 300 units this year.
"Our recent strategic hires, robust support programs, and comprehensive development efforts have been instrumental in propelling our growth and enhancing our performance," said Albert Hermans, Vice President of Franchise Development at Floor Coverings International. "As a result, we are thrilled to report that franchise leads are at an all-time high – nearly up 40% year-over-year in the last 60 days. These initiatives are not only strengthening our foundation, but also paving the way for unprecedented success and expansion in the coming years."
For more information about the franchise opportunity, please visit https://flooring-franchise.com/ or call 877-559-3496.
About Floor Coverings International
Floor Coverings International is the #1 Mobile Flooring franchise in North America. Utilizing a unique in-home experience, the mobile showroom comes directly to the customer's door with more than 3,000 flooring choices. Floor Coverings International has 250-plus locations throughout the U.S. and Canada with plenty of opportunity for continued expansion. For franchise information, please visit https://flooring-franchise.com/ and to find your closest location go to www.floorcoveringsinternational.com.
*Please see Item 19 of the current Franchise Disclosure Document for more information. Results may differ. There is no assurance that any franchisee will perform as well.
**See Item 7 of the current Franchise Disclosure Document for more information and context about the initial investment.
Media Contact: Kelly Hammond, Khammond@fishmanpr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/floor-coverings-international-builds-out-robust-support-team-fueling-all-time-high-performance-302207908.html
SOURCE Floor Coverings International
Copyright 2024 PR Newswire
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