FranchiseVerdict
Footprints Floors logo
FV-00977·STRONGExcellent100

Footprints Floors

Formerly known as Branches

Food & Beverage - Quick ServiceFranchising since 2013Website
Investment
$80K – $114K
6th pct Quick Service
Avg revenue
$814K
17th pct Quick Service
Royalty
Units
87
70th pct Quick Service
SBA default

Bottom line

  • Total investment $80K – $114K including a $68K franchise fee.
  • Average unit revenue of $814K/year (median $705K). Estimated payback in 0.1 years.
  • Rated STRONG with a risk score of 42/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Branches Company, LLC
Parent company
Pilgrim, LLC
Incorporated in
Colorado
HQ
327 Inverness Drive South, Suite 140, Englewood, Colorado 80112
Auditor
Kezos & Dunlavy, LLC
Audited financials
Franchisor revenue
$6.1M
vs $6.4M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Footprints Floors unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $813,878
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $80K–$114K
Working capital
$
FDD reports $6K–$18K

Unlevered ROIC · per unit

105%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$114K
EBITDA margin
14.0%
Total invested
$109K
Payback
11 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Footprints Floors units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.1M

on $5.7M purchase

Total debt

$4.6M

SBA $2.8M + senior + seller note

Overview

About

Footprints Floors franchisees operate retail flooring showrooms and provide installation services for residential and commercial customers. Day-to-day operations include customer consultations on flooring materials, managing inventory, coordinating installation crews, and handling warranty/service issues. The business model relies on local market presence, referral networks, and direct sales to contractors and homeowners.

CEO
Bryan T. Park
Founded
2008
FDD year
2025
States available
32

Item 7 · what it costs

The Vitals

Total investment
$80K – $114K
All-in to open one unit
Liquid capital
$6K – $18K
Cash you must have on hand
Franchise fee
$68K
Royalty
Greater of 6% of Gross Sales or Minimum Monthly Royalty F…
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
0.1 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$814K
Per unit, per year
Median gross sales
$705K
Item 19 type
Average and Median
Sample size
65 units
vs category median 37
Range (low → high)
$179K$1.8M
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank17th
vs Food & Beverage - Quick Service peers
Investment cost rank6th
Lower investment ranks lower (better)
Royalty rate rank84th
Lower royalty = lower percentile (better)
Unit count rank70th
vs Food & Beverage - Quick Service peers
Risk score rank5th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
87
Opened
12
Last reporting year
Closed
6
Turnover rate
6.9%
Company-owned
1
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
+7.5%
Net unit change last year
3-yr CAGR
+11.7%
Compounded over last 3 years
2023
86+6
Franchised units
2024
80
Franchised units
2025
77
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 11 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 11 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

42
Risk · 0-100
STRONG42 / 100

Footprints Floors presents moderate-to-cautious risk: questionable financial reporting, small system size, litigation history, and cost structure warrant careful validation before investment.

Score breakdown · what drove the 42 / 100 rating

  1. 01MEDNet income ($957,065) exceeds gross revenue ($813,888) — mathematically impossible and suggests Item 19 data integrity issues or incomplete disclosure
  2. 02MINORMinimum monthly royalty fee structure creates fixed cost burden; clarify if 6% threshold is easily met across unit performance variance
  3. 03MEDModest unit growth (7.5% YoY) and only 87 total units indicates small, maturing system with limited scale benefits
  4. 04HIGHTwo disclosed litigations (installation defects + non-compete enforcement) suggest quality control and franchisee compliance challenges
  5. 05MINORHigh franchise fee ($68,000) relative to initial investment range ($79,955–$114,480) represents 59–85% of total startup costs upfront

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Qualified Households
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Colorado

Item 11

Training & Operations

Classroom training
56 hrs
On-the-job training
67 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

95 numbers

Locked
(305) 900-••••
CA
(904) 860-••••
CA
(203) 293-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Footprints Floors · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above