Footprints Floors, the 150-plus Denver, Colorado-based franchise that offers flooring installation, restoration and refinishing, reported an 80% increase in year-to-date revenue compared to 2021 thanks to the robust housing and remodeling market.

“We’ve been blown away by the growth this year systemwide,” said Bryan Park, CEO of Footprints Floors. “It’s a testament to the state of the industry overall, the increasing demand for flooring services, and our business model. Footprints Floors was designed to be flexible, which is why we’ve been able to thrive despite the dramatic industry changes over the past few years.”

Park said the brand, which was started in 2008, signed seven new franchisees year to date and opened another 11 locations. He also said that Footprints Floors sold out franchise opportunities in Reno, Nevada; Boise, Idaho; Jacksonville, Florida; Dayton, Ohio; Minneapolis, Minnesota; South Texas and Central Florida.

Forty franchise owners had their best monthly revenue to date in the first half of 2022 with 11 of them on pace to hit $1 million by the end of the year. Of those 11, nine of them have been franchise owners for three years or less, pointing to the booming demand for flooring services.

“We built a hurricane-proof house 15 years ago, and we are ready to weather the storm,” Park said. “Footprints Floors doesn’t have a lot of overhead and we don’t supply product to our clients, so as the market grows and shrinks, we can move right along with it without being dramatically affected by inflation and supply chain issues.”

With an economic downturn looming, Park said the brand is positioned to continue to capitalize on the home renovation market. As the housing market slows and becomes increasingly expensive, homeowners are turning to renovation projects to increase the value of their current investments, Park said. The National Association of Realtors recently published a study showing that hardwood flooring refinishing and new flooring installation are the top two projects homeowners can complete to get the best return on investment.

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