What does a Stronghold Floors Franchise Cost?
Stronghold Floors franchise fees for 2023:
Cash Investment: $30,000
Total Investment: $74,500-$178,150
Minimum Net Worth: $150,000
Franchise Fee: $60,000 (Tier 1); $45,000 (Tier 2); $30,000 (Tier
Stronghold Floors Territories/tiers
Royalty: 4.5% (Declines at specific annual sales targets)
Ad: 1.5% (Brand Dev Fee)
Average Number of Employees: 3-5
Item 19: Yes
SBA Approved: No
Passive Ownership: No
Home Based: No
Master Franchise Opportunities: No
Veteran Discount: Yes
Special Discount Programs: To help facilitate military veteran's
transition to business ownership, Stronghold Floors International
offers a 10% veterans discount to the initial Franchise Fee. For
our larger territories (Tier 1), this amounts to a savings of
$6,000 for veterans.
NOTE: Two SFI founders are military veterans.
Is Stronghold Floors a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Stronghold Floors is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Stronghold Floors a Home Based franchise?
No. Stronghold Floors is not a home based franchise opportunity.
What Do Stronghold Floors Franchise Owners Make?
Click here to find out how much Stronghold Floors franchisees make. Stronghold Floors offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Stronghold Floors a Master Franchise Opportunity?
No. Stronghold Floors is not a master franchise opportunity.
Does Stronghold Floors Offer a Veteran Discount?
Yes. Stronghold Floors franchise does offer a veteran discount.
Does Stronghold Floors Work with E2 Visa and EB-5 Visa Candidates?
No. Stronghold Floors franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Stronghold Floors Looking for Franchisees in Canada?
No. Stronghold Floors franchise is not looking for Canada franchisees.
Is Stronghold Floors Looking for International franchisees?
No. Stronghold Floors franchise is not looking for International franchisees.
Where can I see Stronghold Floors's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.