Floor Coverings International has signed 19 new franchisees during the first quarter, representing 90 per cent growth from last year.
The new franchisees span 40 territories across North America, with 92 per cent of them expected to be operational within six months of signing on.
“We’ve been around long enough to know when goals are unrealistic, and I can confidently say that our mission to bring on 100 new franchisees by year-end is ambitious but absolutely achievable,” said Tom Wood, Floor Coverings International president and CEO.
The initial training period for new franchisees requires two years of guided support and in-person visits, even after the opening.
Currently, Floor Coverings International has over 250 franchises nationwide since it launched in 1988.