Steel Coated Epoxy Floors Franchise FDD, Profits & Costs (2025)
Steel Coated Epoxy Floors, founded in 2018 by Mitch Cypers, specializes in high-quality epoxy floor coatings for residential garages, shops, patios, and showrooms. Headquartered in Layton, Utah, the company began franchising the same year it was established.
The franchise offers a 100% waterproof, seamless, and lifetime-guaranteed coating that is smooth enough to mop yet textured to ensure safety when wet.
This commitment to quality and durability distinguishes Steel Coated Epoxy Floors from competitors, as many of their projects involve rectifying failed coatings applied by others.
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Initial Investment
How much does it cost to start a Steel Coated Epoxy Floors franchise? It costs on average between $44,000 – $156,000 to start a Steel Coated Epoxy Floors franchised business.
This includes costs for equipment, materials, marketing, and initial operating expenses. The exact amount depends on various factors, including the size of the territory, the local market conditions, and whether the franchisee chooses to lease or purchase the necessary tools and materials.
| Type of Expenditure | Amount (Low) | Amount (High) |
|---|---|---|
| Initial Franchise Fee | $11,500 | $16,500 |
| Lease Deposit | $0 | $3,000 |
| Leasehold Improvements | $0 | $10,000 |
| Equipment Package | $13,500 | $25,000 |
| Initial Inventory | $3,000 | $6,000 |
| Vehicle, Trailer, or Other Equipment | $0 | $50,000 |
| Marketing Kit | $3,500 | $3,500 |
| Grand Opening Advertising | $2,500 | $2,500 |
| Initial Training Fee | $5,000 | $5,000 |
| Training Expenses | $1,500 | $9,500 |
| Computer Equipment | $0 | $2,000 |
| Signage | $0 | $2,500 |
| Territory Mapping | $1,500 | $1,500 |
| Licenses and Professional Services | $0 | $2,000 |
| Prepaid Insurance Premium | $0 | $4,500 |
| Additional Funds – 3 Months | $2,000 | $12,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $44,000 | $155,700 |
Average Revenue (AUV)
How much revenue can you make with a Steel Coated Epoxy Floors franchise? A Steel Coated Epoxy Floors franchised outlet makes on average $126,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $463,000 yearly revenue for similar flooring franchises. Below are a few Steel Coated Epoxy Floors competitors as a comparison:
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Steel Coated Epoxy Floors Franchise Disclosure Document
Frequently Asked Questions
How many Steel Coated Epoxy Floors locations are there?
As of the latest data, Steel Coated Epoxy Floors operates over 35 locations across the United States. The company has completed over 6,500 projects during its three decades in the industry.
What is the total investment required to open a Steel Coated Epoxy Floors franchise?
The total investment required to open a Steel Coated Epoxy Floors franchise ranges from $44,000 to $156,000.
What are the ongoing fees for a Steel Coated Epoxy Floors franchise?
Steel Coated Epoxy Floors requires franchisees to pay an ongoing royalty fee of 8% of gross sales, which grants continued access to the company’s trademarks, proprietary systems, and support services.
Additionally, franchisees contribute 2% of gross sales toward a national advertising fund, facilitating collective marketing efforts to enhance brand recognition and drive customer engagement.
What are the financial requirements to become a Steel Coated Epoxy Floors franchisee?
To become a Steel Coated Epoxy Floors franchisee, candidates are typically required to have a minimum net worth of $150,000 and liquid capital of at least $50,000.
These financial prerequisites ensure that franchisees possess the necessary resources to support the initial investment and sustain operations during the startup phase.
How much can a Steel Coated Epoxy Floors franchise owner expect to earn?
The average gross sales for a Steel Coated Epoxy Floors franchise are approximately $0.13 million per location. Assuming a 15% operating profit margin, $0.13 million yearly revenue can result in $20,000 EBITDA annually.
Who owns Steel Coated Epoxy Floors?
Steel Coated Epoxy Floors is a privately held company.
Disclaimer
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