The Franchisee will operate a ProSource Wholesale Showroom which will sell floorcoverings, kitchenand bath cabinets, vanities and countertops and related products primarily to the non-retail trade.
Company Background
ProSource Wholesale is the newest franchise opportunity in the floorcoverings industry. The company has over 30 years of experience and expertise in providing quality products for both commercial and residential clients, but now they are making it possible for you to have your own showroom! As a ProSource Showroom owner, you will be able to offer high-quality products that include hardwood, laminate, vinyl tile, carpeting and more. No matter what type of business you're running or the size of your budget, ProSource Wholesale can provide everything you need at wholesale prices. With our signature "buy one get one free" program plus other discounts on top of already competitive pricing models there's no reason not to
Franchise Opportunity
You want to start your own business, but don't have the money to invest in a traditional store. Owning your own business is the American dream, but it's not always easy to get started. Traditional businesses require a lot of up-front investment and take a lot of time and energy to get off the ground. ProSource Wholesale is the perfect solution for entrepreneurs who want to own their own business without breaking the bank. With ProSource, you can open your own flooring showroom and start selling products to the non-retail trade. We provide all of the training and support you need to get your business up and running.
Corporate Structure
Leading Edge Marketing, Inc. is a Missouri corporation, and a wholly owned subsidiary of CCA Global Partners, Inc., a Delaware corporation. The principal business address of CCA Global Partners, Inc. and Leading Edge Marketing, Inc. is 4301 Earth City Expressway, St. Louis, Missouri 63045. ProSource has been in the business of selling ProSource franchises since 1991.
Royalties and Marketing Fees
Royalties : 3% of Gross Sales. Minimum monthly royalty is $2,000
Royalties : $30,000 The amount You will be required to spend on marketing for the balance of the first year of operation is a minimum of $25,400. Each year thereafter, Your marketing expenses will be no less than the greater of (i) $32,000 or (ii) one percent (1%) of Your Gross Sales. ProSource is currently providing a $30,000 credit to be applied towards Your Member Acquisition Campaign
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
This franchise's rate of attrition in 2023
of 0.00%
was
Higher
than the % in the Decorating & Home Design industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Investment
Fees
Employee Contact Database
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Name
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Franchise Disclosure Documents
FDD
Effective Date
Distribution of ProSource Wholesale Franchisees
ProSource Wholesale Franchise System Development in 2021
FAQ
How much investment do I need to start my own ProSource Wholesale business?
Franchisees typically require at least
$816,349 to
$823,099 investment to get their
ProSource Wholesale business started
What are the initial franchise fees for ProSource Wholesale?
Franchisees typically need to pay at least
$159,977 in fees directly to
ProSource Wholesale in order to earn the right to launch their business
How much money can I make with a ProSource Wholesale franchise? What are
the average revenues for a typical ProSource Wholesale business?
We estimate that the average revenue of an individual
ProSource Wholesale unit is approximately
$6,667,918. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a ProSource Wholesale unit? What
is my contractual commitment?
ProSource Wholesale franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
1 /10
The Franchisor's investment costs ranges from
$816,349 to $823,099
which is
Much Lower
than the $181,953 to $372,343 average in the Decorating & Home Design industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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