Fast-growing commercial flooring brand Koydol offers best-in-class flooring products and installation services for high-profile businesses with time-sensitive projects that demand expertise.
Established in 2006, Koydol has built a reputation for its superior customer service, delivering projects on schedule and within budget. From hardwood to carpet, ceramic tile to natural stone, sports flooring to resilient flooring, this leading innovator in commercial flooring partners with general contractors, developers, facility managers, architects and interior designers to help them select the best possible product with both warranty and maintenance in mind in order to bring their flooring projects to life.
With a long history of installing flooring in classrooms, hotel lobbies, guestrooms, auditoriums, cafeterias, recreational spaces and even restrooms, Koydol tracks the latest trends and coordinates installs after hours or on weekends in order to minimize disruption for occupants.
Koydol also has the knowledge and expertise needed to meet the strict regulatory requirements of both public and private healthcare facilities — from infection control protocols during installation to sterile environment standards to strict door-gap requirements.
Key to Koydol’s appeal to general contractors is the brand’s steadfast commitment to its word. By developing and refining robust operational systems, Koydol is able to deliver virtually any size project within budget, on schedule and to the contractor’s specifications.
Now, after years of perfecting its seamless model, Washington, D.C.-based Koydol is actively seeking franchise partners to get in on the ground floor of this lucrative opportunity.
Why This Industry?
The global flooring market size was estimated at $388.24 billion in 2020 and is expected to reach $409.03 billion by the end of the year, growing at a compound annual growth rate of 6.1% to reach $621.54 billion by 2028, according to a recent study.
Demand for single-family houses is expected to continue to be an area of growth in the market. And now as restaurants, schools, health clubs and workplaces reopen, long postponed renovations and updates are back on the front burner as companies and government agencies rush to get flooring projects completed.
With its off-shore estimating team and intimate knowledge about the needs of general contractors, Koydol has developed a process that allows it to get attractive proposals in front of contractors and land major projects that would take other brands decades to pull off.
The business itself is not expensive or difficult to get up and running. The challenge independent operators face is breaking into the market, which is something Koydol has already done for its franchise partners.
Why Is Now the Time To Invest?
Currently on the brink of rapid growth, Koydol plans to launch eight franchisee-owned territories by the end of 2021, starting with markets in Virginia, North Carolina and Pennsylvania. By 2022, the brand aims to add 10 to 15 new territories per year, with a goal to cover all major metropolitan areas within the next five years.
Unlike most franchises, which typically expand their footprints by onboarding large numbers of franchisees, Koydol is aiming for a small number of franchisees to operate large territories, thereby increasing each of their potential revenue. Each territory will include roughly $5 to $10 million in projects each year after the fifth year of being in business.
How Much Can I Make?
Because Koydol is selectively seeking a small number of franchise partners, each with a large territory, an effective operator can easily find an EBITDA of 8–10%.
With a solid operational model in place, Koydol is not only one of the strongest brands in commercial flooring, its massive ROI potential means franchisees have the opportunity to turn a $100,000 investment into a $5–$10 million business.
How Much Does It Cost?
The total investment necessary to begin operation of a Koydol franchise is $79,500 to $122,000. This includes the initial franchise fee which must be paid to the franchisor in the amount of $30,000.
For more information on franchising with Koydol, visit http://www.koydolflooring.com/#buy.