Tile Liquidators specializes in providing high-quality ceramic, porcelain, granite countertops, hardwood flooring, and related products. The franchise serves both retail customers and contractors with durable materials for various building projects.
Key Insights
- Tile Liquidators was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Service customization addresses specific client requirements through flexible approaches and specialized expertise that adapt to unique project demands while maintaining consistent quality standards and professional service delivery that builds trust and long-term business relationships.
- Demographic shifts create new customer segments with distinct needs and service preferences, requiring businesses to adapt their offerings while maintaining core quality standards, creating opportunities for growth through market diversification and specialized service development.
Franchise Fee and Costs to Open
Exploring the financial picture of Tile Liquidators gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $54,800 - $99,600, along with a franchise fee of $28,000 - $28,000.
Financial Performance and Revenue
Training and Resources
Tile Liquidators provides comprehensive initial training for new franchisees. This program, spanning two weeks, is conducted at Tile Liquidators headquarters. Franchisees receive operational manuals, marketing strategies, and product knowledge resources. Tile Liquidators also offers ongoing support and access to a network of experienced operators. The franchisor recommends utilizing these resources to foster success.
Legal Considerations
Legal considerations for a Tile Liquidators franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee in the Tile Liquidators model may navigate considerations regarding the unique demands of a local market, understanding customer preferences and established competitor offerings. The operational aspects of managing inventory, logistics, and sales processes present a layer of complexity. Furthermore, the business's reliance on consistent and cost-effective sourcing from specific suppliers requires attention to maintain product availability and pricing.
Franchise Datasheet
FAQs
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