Footprints Floors Franchise Costs, Fees & FDD

Year Business Began: 2008

Franchising Since: 2013

Headquarters: Englewood, Colorado

Estimated Number of Units: 85

Franchise Description: The franchisor is Branches Company, LLC. The franchise offered is for Footprints Floors, a business that provides hardwood, laminate, engineered, vinyl plank, vinyl sheet, and tile flooring installation products and services primarily in residential homes and commercial businesses.
Training Overview: For the first Footprints Floors business, the franchisor will provide initial training for franchisees or, if they are a corporate entity, the managing owner plus one designated manager. Either franchisees, or their managing owner, plus the general manager must successfully complete the initial training program to the franchisor’s satisfaction no later than 45 days prior to the scheduled opening of the Footprints Floors business. The initial training program takes place over an approximate two-week period. Currently, initial training consists of 56 hours of classroom training and 67 hours of on-the-job training in Denver, Colorado. After the opening of the Footprints Floors business, the franchisor reserves the right to require that franchisees (or the managing owner if the franchisee is a corporate entity) attend a system-wide training program that the franchisor may establish in its discretion. The franchisor will not require attendance at a system-wide training program for more than a total of five days in any calendar year.

Territory Granted: The franchisor will grant to franchisees the right to develop and operate one Footprints Floors business within a designated operating territory. A territory, generally, will consist of a geographic area that includes approximately 60,000 to 125,000 “qualified households.” A qualified household is one where household income exceeds $75,000. Subject to availability, the franchisor’s approval and payment of additional initial franchise fees, franchisees may add additional territories. During the term of the Franchise Agreement, provided that franchisees are not in default of their obligations to the franchisor or its affiliates and except as to its reserved rights as set forth, the franchisor will not open and operate and it will not grant another franchisee the right to open and operate a Footprints Floors business within the operating territory.

Obligations and Restrictions: The Franchise Agreement requires that franchisees or, if they are a corporate entity, that the managing shareholder or partner be personally responsible for the daily management and supervision of the franchised business as the managing owner. The franchisor must approve the managing owner, and the managing owner must dedicate his or her full time efforts to the management and operation of the franchised business and be on-site at the location of the franchised business facility. Franchisees may only sell the products and services specified or approved by the franchisor in writing.

Term of Agreement and Renewal: The length of the initial franchise term is 10 years. If franchisees meet the conditions for renewal, they may renew their franchise for up to one 10-year renewal term.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or other obligation. For qualified individuals who were honorably discharged from any branch of the United States Military the initial franchise fee for the first operating territory under the Franchise Agreement is discounted by 10%.

Estimated Initial Investment

Name of Fee	Low	High
Initial Franchise Fee	$68,000	$68,000
Construction and Leasehold Improvements	$25	$150
Furniture and Fixtures	$50	$1,000
Equipment	$0	$5,000
Franchise Starter Package	$1,930	$1,930
Computer, Software and Point of Sales System	$0	$3,000
Service Vehicle	$300	$4,000
Start-Up Marketing	$3,000	$5,000
Insurance Deposits – 3 Months	$50	$150
Travel for Initial Training	$500	$5,000
Professional Fees	$300	$1,000
Licenses and Permits	$0	$2,000
Printing, Stationery and Office Supplies	$50	$500
Additional Funds – 3 Months	$5,750	$17,750
ESTIMATED TOTAL (single territory)	$79,955	$114,480

 
Other Fees

Type of Fee	Amount
Royalty	The greater of 6% of gross sales or the minimum monthly royalty requirement.
Brand Development Fund	Up to the greater of 2% of gross sales or $500 per month.
Franchisee Directed Local Marketing	$1,000 per territory per month.
Local and Regional Advertising Cooperatives	As established by cooperative members, but not exceeding $1,000 per territory per month.
Technology	Currently a minimum of $200 per month plus an additional fee per employee.
Managed Website Services Fees	Currently $500 per website per month.
Contact Center	Up to 4% of monthly gross sales, currently 2.5% of monthly gross sales and subject to minimum of $200 per month.
Customer Service and Refunds	Varies under the circumstances.
Annual Conference Attendance Fee	The then current conference fee, not greater than $1,000.
Better Business Bureau Annual Fee	$325 per year.
Additional Employee Initial Training	The then current training fee, currently $500 per person per day.
Supplemental Training	The then current daily rate per trainer, plus expenses the franchisor incurs. Current rate is $300 per day.
Operations Manual Replacement Fee	$500
Reporting Non-Compliance	$150 per occurrence.
Operations Non-Compliance	$450 to $1,000 per occurrence.
Payment Non-Compliance	$150 per occurrence.
NSF Check Fee or Failed Electronic Fund Transfer	5% of amount or $50, whichever is greater, or maximum fee allowed by law.
Interest	18% per annum from due date.
Audit	Cost of audit.
Quality Assurance Audit	Actual costs incurred by the franchisor.
Management Service	Currently $200 per day, plus expenses.
Collections	Actual fees, costs, and expenses.
Relocation Fee	$2,500
Transfer	15% of the then-current initial franchise fee.
Renewal	10% of the then-current initial franchise fee.

The above information has been compiled from the FDD of Footprints Floors. Year of FDD: 2025.
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