Footprints Floors franchise
2022 filing · April 29, 2022GrowingShares sales figures
Footprints Floors at a glance
A business selling and installing hardwood, laminate, vinyl and tile flooring, mainly in homes. At the end of 2021 there were 72 Footprints Floors locations in the US, 71 franchised and 1 company-owned.
The business
- Industry
- Home service
- Franchisor
- Footprints Floors, LLC
- The company that sells the franchises
- Franchising since
- 2013
- 9 years of selling franchises
- Franchisor based in
- Greenwood Village, Colorado
What you pay
- Cost to open
- $79K–$113K
- A single territory
- Franchise fee
- $68,000
- For a territory of about 60,000 to 125,000 qualified households
- Royalty
- 6%
- The greater of 6% of gross sales or a minimum monthly royalty that depends on territory size, paid monthly
- Brand fund
- None now
- Not charged at present; up to 2% of gross sales or $500 a month
- Agreement length
- 7 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 72
- Franchised and company-owned
- Franchised
- 71
- Company-owned
- 1
- Change in 3 years
- +67
- Franchised locations, 2019–2021
- States
- 30
- Most in Texas, Georgia and North Carolina
From Footprints Floors, LLC’s 2022 filing; revenue and net income from its audited financial statements, page 67; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Footprints Floors among all franchises with the same figure.
| Figure | Footprints Floors | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $95,768 | Costs less than 88% of franchises |
| Franchise feePaid once, when you sign | $68,000 | Higher than 94% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 72 | More than 71% of franchises |
How much a Footprints Floors franchise costs
Opening a single territory costs an estimated $78,505 to $113,030. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($68,000) and additional funds – 3 months ($5,750 to $17,750). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $68,000 | ||
| Construction and Leasehold Improvements | $25 | $150 | |
| Furniture and Fixtures | $50 | $1,000 | |
| Equipment | $0 | $5,000 | |
| Franchise Starter Package | $1,480 | ||
| Computer, Software and Point of Sales System | $0 | $3,000 | |
| Service Vehicle | $300 | $4,000 | |
| Start-Up Marketing | $2,000 | $4,000 | |
| 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 | |
| Total | $78,505 | $113,030 | |
Source: Footprints Floors, LLC, 2022 filing, page 17
Footprints Floors franchise fee
The franchise fee is $68,000, for a territory of about 60,000 to 125,000 qualified households. You pay it when you sign the franchise agreement.
Source: Footprints Floors, LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | The greater of 6% of gross sales or a minimum monthly royalty that depends on territory size, paid monthly. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 2% of gross sales or $500 a month. |
| Transfer | 15% of the then current initial franchise fee |
| Additional Employee Initial Training | Our then current training fee, currently $500 per person per day |
| Franchisee Directed Local Marketing | $750 per month plus $750 per month for each Additional Territory |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Footprints Floors, LLC, 2022 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Footprints Floors publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $549,714
Yearly figures for 2021, per franchisee, 33 franchise outlets (one to six territories each) operating in 2021. The filing gives an average for each performance group rather than one overall figure; this is the overall average worked out from those and each one's number of locations.
Sales are what the business takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Footprints Floors, LLC, 2022 filing, pages 42–45
SBA loans to Footprints Floors franchisees
Lenders approved 21 SBA 7(a) loans for Footprints Floors franchisees from 2019 to 2026, $2.38M in all. All 6 that have ended were paid in full; none was charged off. The other 15 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2021 / 2019–2021. Typical means the median: half of brands are above it, half below.
| Measure | Footprints Floors | Typical home service brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +115% / +1675% | +2.1% / +15% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 5.3% / 20% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical home service brand is the median of the 180 brands in home service franchises with three years of counts.
How Footprints Floors compares
Of the 475 home service franchises on this site, Footprints Floors is the 104th cheapest to open and the 162nd largest by number of locations.
| Figure | Footprints Floors | Typical home service brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $79K | $115K | $222K |
| Cost to open, high end | $113K | $202K | $477K |
| Franchise fee | $68K | $50K | $40K |
| Royalty | 6% | 7% | 6% |
| US locations | 72 | 40 | 21 |
| Shares earnings figures | Yes | 367 of 475 | 2,147 of 3,352 |
Typical is the median across the 475 brands in home service franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 11 (+7) | 1 | +7 | 0 |
| 2020 | 33 (+22) | 1 | +22 | 0 |
| 2021 | 71 (+38) | 1 | +38 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Footprints Floors, LLC, 2022 filing, page 48
Where Footprints Floors locations are
At the end of 2021, Footprints Floors had locations in 30 states. The most are in Texas, Georgia and North Carolina.
- Texas9
- Georgia6
- North Carolina6
- Colorado4
- Ohio4
- California3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Texas | 9 | 0 | 9 |
| Georgia | 6 | 0 | 6 |
| North Carolina | 6 | 0 | 6 |
| Colorado | 3 | 1 | 4 |
| Ohio | 4 | 0 | 4 |
| California | 3 | 0 | 3 |
| Florida | 3 | 0 | 3 |
| Illinois | 3 | 0 | 3 |
| Michigan | 3 | 0 | 3 |
| New Jersey | 3 | 0 | 3 |
All 30 states
| Virginia | 3 |
|---|---|
| Alabama | 2 |
| Arizona | 2 |
| Indiana | 2 |
| Minnesota | 2 |
| Pennsylvania | 2 |
| Tennessee | 2 |
| Arkansas | 1 |
| Kansas | 1 |
| Kentucky | 1 |
| Maine | 1 |
| Massachusetts | 1 |
| Montana | 1 |
| Nebraska | 1 |
| Nevada | 1 |
| Oklahoma | 1 |
| Oregon | 1 |
| Utah | 1 |
| Washington | 1 |
| Wisconsin | 1 |
Source: Footprints Floors, LLC, 2022 filing, page 49
Who owns Footprints Floors?
Footprints Floors franchises are sold by Footprints Floors, LLC.
From Footprints Floors, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Footprints Floors, LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Footprints Floors filings
The figures on this page come from Footprints Floors, LLC’s 2022 filing, issued April 29, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 29, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
