Colourbank is one of the largest carpet and flooring retailers in the UK. After several years of planning, they are now launching their franchise offer, which they consider to be the best franchise in the flooring sector. There are many unique features that should enable franchisees to have positive cashflow from day 1 with the best backup and profit margins in the trade, added to complete protection from internet competition.
Industry Sector(s)
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What do you want from a franchise opportunity?
- Positive cash flow. Franchisee’s customers place an order and goods are ordered from our stocks. The customer has the goods fitted and pays the franchisee. The franchisee pays for the goods the following month.
- High-profit margins. By buying at exactly the price paid by Colourbank head office for the stock the franchisee buys, at prices substantially lower than they can obtain themselves, even after the monthly franchisee fee, the margins are still much higher than can be obtained by the franchisee buying the same goods directly from the manufacturer.
- Full support and backup for all services. The lowest prices for credit card fees, insurance, health and safety advice, and computer systems.
- Very low staffing costs. No need for warehouse staff or accounts staff as all goods are delivered to the franchisee pre-cut to the customer’s size, and with only one supplier (Colourbank head office) accounts functions are kept to the minimum.
- Exclusive range names. The biggest selection of floorings from all the best manufacturers to eliminate customers “shopping around”.
- Colourbank’s long experience. Over 30 years of trading through good times and recessions is invaluable in advising franchisees of inevitable issues that arise from time to time.
- Colourbank is family-oriented. We intend to use the family ethos in all dealings with franchisees. We want you to make a very good return and to enjoy working for your own company!
Interested? Read on for how you can get involved!
OUR BACKGROUND
Colourbank Carpets are one of the largest independent carpet and flooring retailers in the UK. We have considerable experience in supplying and installing quality flooring products to an ever-expanding customer base.
With a stock offering of more than 400 carpet, vinyl, and laminate flooring ranges, we cater for all requirements. From budget products to the finest, premium qualities. In addition, we deal with all the leading manufacturers and suppliers for all types of flooring including Luxury Vinyl Tile (LVT) which we recognise as the fastest-growing area in our industry.
As well as serving our retail customers, we are very active in the commercial sector, working with property contractors, house builders, and schools, etc. Customer service, we believe, is key to success. We have knowledgeable, attentive staff, providing professional advice, estimating, and after-sales care… and of course, first-class installers are crucial.
WHAT MAKES US DIFFERENT?
Colourbank deals with leading manufacturers and has built excellent working relationships. It’s these long-standing relationships, along with our huge buying power, that gives franchisees access to the best-possible, exclusively negotiated cost prices. In most cases these are far lower than they would be able to get themselves, even through direct accounts.
As all goods are purchased from Colourbank, franchisees have no need for multiple accounts of their own, reducing administration dramatically as well as having comfort in the knowledge that they are paying the lowest prices available. This gives you as the franchisee a unique advantage over local competitors.
At Colourbank we feel we’re in a reasonably unique position in today’s prominently digital marketplace. We rarely directly compete with the internet. Customers want personable professional expertise when buying flooring for their homes. This full service cannot be purchased online.
Our business operates with healthy gross and net profit margins. Moreover, the franchise operations are specifically designed to be efficient, small retail showrooms with no space requirement for large stockholding.
It’s all about our massive, in-store and in-stock, regularly updated product range, our friendly, professional customer service, our efficient speed-to-serve, and expert fitting…. all guaranteed by the Colourbank price promise.
With a rich tradition and reputation for quality products, a vast range of carpets and flooring, outstanding value, and excellent customer service, Colourbank is now offering retail franchise opportunities to ambitious individuals to open their own stores and build a profitable and sustainable business.
We are also interested in talking to business people with complimentary businesses – such as furniture retailers – looking for new avenues to increase their customer offering, sales, and profits.
THE FRANCHISE OPPORTUNITY
We’re looking for fantastic franchisees who have the perfect mix of staff and retail management, who are operationally focused and passionate about the brand to turn these simple ingredients into a great business.
- As a franchise business owner, you will own and operate your own Colourbank carpet and flooring store in your chosen location.
- You will be the expert in all types of carpets and floorings and will advise your customers to help them select the right products at the best prices, with our support and training.
- You will employ and manage a sales team to help develop and grow your business to achieve your goals and make a sustainable, profitable business.
Following our systems & processes, operate our proven technologies, undertake our marketing and promotions, use our store design & layout, and sales process, and manage our customer service policies and business philosophy.
We will support your every step – from initial training to comprehensive ongoing support. Eventually, you will have something to call your own, build your future with, and be proud of!
