Question 1

Does Floor Coverings International franchise offer exclusive territory?

Accepted Answer

Floor Coverings International offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Floor Coverings International franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Floor Coverings International is 10 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Floor Coverings International franchise?

Accepted Answer

The Floor Coverings International franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Floor Coverings International franchise?

Accepted Answer

Yes, Floor Coverings International allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.