13 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Abbey Carpet & Floor franchise ranges from $23K to $62K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Abbey Carpet & Floor is $10K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Abbey Carpet & Floor 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Abbey Carpet & Floor does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisAbbey Carpet & Floor has been involved in 1 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Abbey Carpet & Floor franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisAbbey Carpet & Floor offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Franchisees retain online sales rights for their territory.
View full territory analysisAbbey Carpet & Floor currently operates 420 locations (2024 FDD) (417 franchised, 3 company-owned). The system contracted by 0.7% over the past year. The 3-year compound annual growth rate is -0.7%.
View full growth analysisThe 1-year franchisee turnover rate for Abbey Carpet & Floor is 2.9% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAbbey Carpet & Floor does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Abbey Carpet & Floor is 5 years (2024 FDD). The total potential term is 5 years.
View full contract analysisAbbey Carpet & Floor's post-termination non-compete clause lasts 0 years after termination or expiration (2024 FDD).
View full legal analysisYes, Abbey Carpet & Floor's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
View full legal analysisAbbey Carpet & Floor does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis