Franchise Deep Dive: Tile Liquidators Franchise Costs, Fees, Profit and Data
With high profit margins and low start-up costs, this flooring products franchise is a great opportunity for entrepreneurs looking to get into the home services industry.
LAST UPDATED: June 2024
FRANCHISE WEBSITE: https://www.tileliquidators.us/franchise-info
NUMBER OF LOCATIONS: 16
REPORTED COST TO GET IN: $79,700 - $160,200
REPORTED ROI (Item 19): N/A
Tile Liquidators is a franchise that offers a wide range of flooring products including discount porcelain tile, ceramic tile, natural stone, hardwood, laminate, luxury vinyl tile, carpet and mosaics.
How Many Tile Liquidators Locations Are There?
Tile Liquidators was founded in 2015 to offer quality flooring products at discounted prices to homeowners, designers, contractors and industry professionals. The company was established by Doug Disney, who brings over 30 years of experience in the flooring business and entrepreneurial passion to the venture. There are 16 locations as of March 2024.
What Is the Tile Liquidators Business Model?
Tile Liquidators aims to serve both homeowners and professionals in the flooring industry with quality products and exceptional service. Here are key aspects of their business model:
- Low Start-Up Cost. The initial investment required for starting a Tile Liquidators franchise starts as low as $79,700, making it accessible for potential franchisees.
- High Profit Margin. The company boasts industry-standard profit margins on its products, ensuring potential profitability for franchise owners.
- Protected Territories. Each franchise is guaranteed a protected radius to operate without competition from other Tile Liquidators locations.
- Flat Rate Royalties. Franchisees pay a competitive flat-rate royalty fee, allowing them to keep more profits without worrying about increasing royalty rates over time.
- SBA Approved Financing. Tile Liquidators partners with the U.S. Small Business Administration to assist aspiring franchise owners in acquiring startup capital.
- Low Overhead. Franchise locations operate with minimal inventory and staff requirements, contributing to lower overhead costs.
- Sales & Marketing Support. Tile Liquidators provides comprehensive support in sales and marketing efforts to empower franchise owners.
- Expansive Customer Base. The customer base includes various segments such as general retail, homeowners, contractors, builders and commercial projects, offering diverse revenue streams.
How Much Can Tile Liquidators Owners Make?
Earnings for Tile Liquidators owners are not publicly available.
How Much Does It Cost to Open a Tile Liquidators Franchise?
Total start up costs range from $79,700 to $160,200, with a sliding discount scale for multiple franchises. Franchisees must have a net worth of at least $100,000, with $50,000 cash-on-hand.
What is the Franchise Fee for Tile Liquidators?
The franchise fee is $39,000. In addition, franchisees must pay a flat-rate royalty fee of $1,800 per month, according to Entrepreneur.
Who Are the Leaders of Tile Liquidators?
- Doug Disney - CEO and Founder
- Juan Torres - Franchise Business Manager
- Nina Wade - Operations Director
- Jennifer Stone - Business Development Specialist
What Helpful Articles Can I Read to Learn More?
- Start a Tile Liquidators Franchise in 2024
- Tile Liquidators Opens 13th U.S. Location
- Tile Liquidators Floor & Design - Franchise Gator
- Tile Liquidators Franchise Cost & Opportunities 2024
Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves.
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- Number of Open Locations (as of 3/35/2024): 95
- Investment Range: $154,776 - $582,127
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- Number of Open Locations (as of 3/25/2024): 21
- Investment Range: $58,450 to $105,450
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- Number of Open Locations (as of 3/25/2024): 72
- Franchise Fee: $75,000
Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.
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