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<a href="https://footprintsfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Footprints Floors</a>, the 160+ unit flooring installation brand, has quickly proven to be quite a force in the service segment and continues to have record-breaking years. As the company looks to its tenth year of franchising in 2023,&nbsp;<a href="https://www.linkedin.com/in/bryan-park-50b38987?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Bryan Park</a>, founder and CEO, looked back on the achievements of this year, from revenue and development to partnerships within the community and with different organizations.&nbsp;“This was really a year of national growth for us,” said Park. “We have experienced a lot of maturation as a business and focused on new relationships and connections. Our volume is really starting to open doors for us, which has been exciting to see.”Over the course of 2022,&nbsp;<a href="https://1851franchise.com/footprintsfloors/info">Footprints Floors</a> opened 18 franchise units. Located all over the country, these franchisees have launched the brand into new markets, including Jacksonville, Florida; Boise, Idaho; Long Island, New York; Reno, Nevada; St. Louis, Missouri; Providence, Rhode Island and Boston, Massachusetts.The brand saw revenue increase by a staggering 90% systemwide. This jump in profits was also seen at the individual level as well, with 10 franchise owners joining the company’s “Million Dollar Club” by reaching seven figures in sales in 2022.Several key players within the franchise network were acknowledged this year for their expertise and extraordinary efforts.&nbsp;<a href="https://1851franchise.com/footprintsfloors/floor-daily-footprints-floors-ceo-named-on-nwfas-board-of-directors-2719481#most-recent-stories">Park was appointed to the board of directors of the National Wood Flooring Association</a> (NWFA), which he said: “gives Footprints Floors more access into the industry as a whole.” The NWFA also recognized two of the brand's franchise owners —&nbsp;<a href="https://www.linkedin.com/in/joshua-byrd-1881ba102/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Josh Byrd</a> of Nashville and&nbsp;<a href="https://www.linkedin.com/in/robert-ricco-168995194/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Rob Ricco</a> in North Carolina — in&nbsp;<a href="https://hardwoodfloorsmag.com/2022/12/01/introducing-the-2022-hardwood-floors-magazine-40-under-40/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">its 40 Under 40 list.</a>The company celebrated the&nbsp;<a href="https://1851franchise.com/footprintsfloors/footprints-floors-supports-those-in-need-with-the-first-fruits-fund-2720111#most-recent-stories">launch of the First Fruits Fund</a>, the philanthropic arm of the business. Footprints Floors partners with faith-based organizations to donate and volunteer help for family services, poverty reduction, homelessness prevention, drug rehabilitation and other important societal issues.&nbsp;“I see my business as a way to live up to my values of supporting my neighbors and lending a hand to those in need,” Park said. “A business should be about more than just making money for its stakeholders; it should play a positive role in its community.”This year, the concept appeared on&nbsp;<a href="https://www.entrepreneur.com/franchise500?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Entrepreneur’s Franchise 500</a>, climbing 204 spots from its ranking in 2021, as well as on&nbsp;<a href="https://www.franchisetimes.com/top-500-2022/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Franchise Times’ Top 500</a> and&nbsp;<a href="https://franchisedictionarymagazine.com/2022-game-changers/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Franchise Dictionary’s Top 100 Game Changers</a>.&nbsp;<a href="https://franchisebusinessreview.com/lists/top-home-improvement-franchises/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Franchise Business Review labeled</a> Footprints Floors as a “top home improvement franchise,” Franchise Chatter ranked the brand at No. 3 on&nbsp;<a href="https://www.franchisechatter.com/2022/11/17/the-best-flooring-franchises-of-2022/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">its list of Best Flooring Franchises of 2022</a>.Footprints Floors added several members to its corporate team, to further support the brand’s goals.&nbsp;<a href="https://www.linkedin.com/in/jeremy-w-8759aa133/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Jeremy Wasinger</a> was&nbsp;<a href="https://1851franchise.com/footprintsfloors/footprints-floors-new-director-of-communications-helps-grow-brand-image-2720187#most-recent-stories">hired as director of communications in June</a>, serving on the executive team, while longtime franchisees&nbsp;<a href="https://www.linkedin.com/in/joel-gudeman-69880618b/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Joel</a> and&nbsp;<a href="https://www.linkedin.com/in/kate-gudeman-9400341a6/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">Kate Gudeman</a> joined the corporate staff as franchise support managers, with the role of mentoring the system’s owners.In addition, Footprints Floors&nbsp;<a href="https://1851franchise.com/footprintsfloors/how-footprints-floors-new-partnership-with-synchrony-financial-aids-franchisees-2718970#stories">partnered with Synchrony financial supplier</a> to offer payment options for customers and launched a national relationship with&nbsp;<a href="https://companycam.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">CompanyCam</a>, a platform for digital record-keeping at job sites that has been integrated into the brand’s overall systems. The brand has also been pushing consumer advertising strategies to aid business owners with their marketing.“Going into 2023, we aim to continue this pattern of growth and to lean into more strategic partnerships,” Park said. “There’s been a great deal that’s happened for our relatively young franchise, and we’ve done exceptionally well. I’m excited to see what the future holds for the brand.”The startup costs for a Footprints Floors franchise range from $78,505 to $113,030, including a franchise fee of $69,480 for a single territory. To learn more about franchising with Footprints Floors, visit&nbsp;<a href="https://footprintsfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=footprints-floors-had-massive-year-for-revenue-growth-and-furthering-the-brands-reach-2720940" target="_blank" rel="nofollow">https://footprintsfranchise.com/</a>.ABOUT FOOTPRINTS FLOORS:Upon his return to Littleton, Colorado, after serving in the U.S. Air Force, Bryan Park noticed that Denver’s flooring industry lacked a higher level of customer service and sophistication. So, in 2008, he founded Footprints Floors, which today specializes in installing hardwood floors, carpet, tile floors, backsplashes and laminates. With more than 50 current locations, Footprints Floors offers franchisees a robust support system, including a call center, flexible hours for work-life balance and a low cost of entry with outstanding economics

Footprints Floors Had Massive Year for Revenue Growth and Furthering the Brand’s Reach

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In 2022, the flooring concept increased sales by 90%, entered new markets and launched a charity fund.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

How Much Can Franchisees Make? A Guide for Prospective Franchise Owners

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Franchise Opportunity Deep Dive: A fast-casual restaurant brand serving made-from-scratch sandwiches, salads, soups and pizzas rooted in Southern hospitality.


Footprints Floors Had Massive Year for Revenue Growth and Furthering the Brand’s Reach

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