Koydol Targets North Carolina For Early Franchise Growth

Koydol, the commercial flooring brand started in 2012, is gearing up for major growth after launching its franchise opportunity earlier this year. With finely tuned operations, an expert leadership team and eye-catching potential for ROI, the brand is looking to partner with qualified franchisees across the country and has its sights set specifically on North Carolina.

“As we begin looking for franchise prospects, we're excited to find suitable candidates in North Carolina," said Koydol president and CEO Amadou T Agne. “Since we've got our ducks in a row in terms of operations, we're excited to finally expand the Koydol brand into this new state."

Why North Carolina is Primed for Koydol

The Koydol team is looking to North Carolina based on the location of current contracts and because of the several conversations they had with qualified potential candidates in Pennsylvania and Virginia. Additionally, despite a likely dip in the overall economy, Agne says North Carolina-based construction has an extremely positive outlook.

“Many general contractors that we currently work with, or are intending to do work for, have a strong presence and operational offices in the Carolinas,” said Agne. “Charlotte and Raleigh continue to demonstrate exceptional growth in familiar key market segments that will help our franchisees secure contracts that we’re currently able to bid on and secure work from our corporate office.”

An Innovative Growth Strategy and Established System

The Koydol team has identified room for one large territory in North Carolina. This limited availability aligns with Koydol’s innovative target growth strategy, which aims to increase individual franchisee’s potential revenue by allowing a small number of owners to operate large territories. Each territory will be large enough to reach $5–$10 million in projects after the fifth year of being in business.

The team will even open the North Carolina market for the franchisee, Agne says, bidding on target markets prior to granting the territory to the franchisee so they can launch quickly and start generating revenue right away.

Koydol is able to effectively break into new markets thanks to its dedicated, international estimating team, as well as its aggressive proposal process, which has helped them land major projects that other brands would work decades to get a shot at. Koydol is also designed to appeal to general contractors with robust operational systems that can deliver virtually any size project within budget, on schedule and to the contractor’s specifications.

“The challenge independent operators face is breaking into the market and scaling up the business, which is incredibly difficult to achieve alone and is something we’ve already done for our business,” Agne said. “Koydol has spent the past nine years establishing long-lasting and lucrative relationships with general contractors, suppliers and customers in several markets across the U.S. By joining the Koydol team, you can leverage these unparalleled partnerships from day one, significantly cutting down on the time to ramp-up and achieve ROI.”

The Plan for Future Growth

Overall, Agne says Koydol plans to launch eight franchisee-owned territories by the end of 2021. Starting next year, the brand aims to add 10–15 new territories per year, with a goal to cover all major metropolitan areas within the next five years.

In North Carolina and beyond, the Koydol team is targeting professionals who understand the value of the opportunity and local commercial flooring contractors who are struggling to reach the next level in their business.

“Anyone who has any experience in the industry we’re working in can see what a rare and lucrative opportunity this is,” Agne said. “And we’re searching for candidates who have that skill set in commercial flooring and also are passionate entrepreneurs who know how to make the most of an opportunity.”

The cost to open a Koydol franchise ranges from $79,500 to $122,000, including a $30,000 franchise fee. For more information on franchising with Koydol, visit http://www.koydolflooring.com/#buy.