Stone Mountain-GCO Flooring Outlet Franchise

Factory-direct flooring outlet

Start-up Costs & Franchises Fees

What is the total cost to open a Stone Mountain-GCO Flooring Outlet Franchises?

Total Cost: $289,500-$409,500
Total Franchise Fees: $27,500
Ongoing Royalty Fees: 1.5-2.5%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $2.5K

Contact Information for Stone Mountain-GCO Flooring Outlet

Stone Mountain-GCO Flooring Outlet 4310 Earth City Expwy. Earth City, MO 63045

Phone Number: (314)506-0000 Fax Number: (314)291-6674 Franchise Homepage:

Historical Expansion

In what year did Stone Mountain-GCO Flooring Outlet begin operations? 1988
When did Stone Mountain-GCO Flooring Outlet begin selling franchises? 1993

Year	United States	Canada	International	Corporate
2004	127	0	0	1
2003	127	0	0	1
2002	133	0	0	1
2001	123	0	0	1
2000	49	0	0	1

Franchise Financing Information

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	No	Yes
Initial Start-up Capital	No	Yes
Plant, Property, and Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

3rd Party Financing Available? Financing Source(s): Citibank

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Purchasing cooperatives

Marketing
Cooperative advertising, Ad slicks

Franchise Operation Restrictions

32% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 5

Absentee ownership of franchise is allowed. (70% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

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