What's the Catch With FloorIt? The Straight Answer
The catch with FloorIt is that it is still a real business: we build it, ship the setup and bring your first 50 leads, but you or someone you hire still has to call the leads, run the estimates, close the jobs and do the floors. There is no hidden royalty or monthly fee behind it, because we make our money when partners reorder finish. This post covers where the catch usually hides in floor businesses, how FloorIt gets paid, and every cost and duty that stays with you.
Why people ask
It is the question almost everyone asks on the first call. It usually sounds like this: this sounds too good to be true, so what is the catch? That is a good instinct. A lot of business opportunities online sell big numbers, take the money and disappear. You should ask it of every program you look at, including ours.
Where the catch usually hides
In a floor franchise, the catch is the fees. There is a franchise fee before you touch a single floor. Then a royalty, about 6% of every job, for as long as you own it. Then often an ad fund on top. The brand gets paid whether you do well or not.
In other programs, the catch is a monthly fee you cannot stop, a minimum order you must buy, income promises that never show up, or a contract with no way out. Those are the places to look in any deal.
How FloorIt gets paid
FloorIt gets paid two ways: the one-time partner package, and the finish you reorder if you buy ours. We do not take royalties, a cut of your jobs or a fee per lead. There are no territory fees and no monthly fees.
We keep the package as low as we can and make our money on the back end. Every floor uses finish, so the only way we do well over time is if you are out there doing floors. That is why we help you get the jobs, and give you the systems to keep them coming.
There is also no rule that you buy finish from us, and no minimum order. We want you to reorder ours because it works on your jobs, not because a contract says so.
The real catch: the work is still yours
- You call new leads fast. Homeowners who wait too long often book someone else.
- You run the estimate in the home and give the price.
- You close the job. Many leads will not buy. We plan around closing about 3 in 10.
- You or someone you hire does the floor.
- You turn down floors a recoat cannot fix.
- You ask for reviews and referrals so each job brings the next.
This is not a silver bullet, and it is not passive. We build the business and bring your first 50 leads. Our team calls them and books estimates on your calendar. From there, it is you.
The costs that stay with you
- Buffer rentals after the first 3, at about $40 a day, until you buy your own
- General liability insurance, and any license your state or city requires
- Finish after your starting supply, from us or anyone else
- Any ads you run yourself after your first 50 leads
- Taxes, and wages if you hire a tech
Beyond the one-time investment, you have the normal costs of any business. None of them are hidden, and they are all yours to control.
What FloorIt will not do
We do not promise income. Every job price, cost and market number you see from us is an example, not a forecast. In our job example, an average $2,499 job leaves about $1,973 before your labor and taxes, and that is all it is: an example.
We do not keep other floor companies out of your area. Your ad territory means we will not run ads for another FloorIt partner there while you are active. It does not stop other businesses, and it does not stop you from working outside it.
Who it is a bad deal for
If you need the business to pay your bills next month, it is the wrong move right now. The same goes if you cannot answer your phone quickly during the day, if you will not do the training, or if your area has too few homes to support it. We would rather say that before you sign than after.
Your way out
There is no minimum term and no fee to leave. You keep your business, your customers and lifetime access to the training. FloorIt also has a 30-Day Action-Taker Guarantee: do the work in your first 30 days, and if FloorIt is not for you, we refund you, less what we have already delivered or spent for you.
Read the full agreement before you sign. Ask anything on the call. Write your questions down before it, and bring them.
Common questions
Is FloorIt too good to be true? No. It is a real business with real work. We build it and bring your first 50 leads, but you still call leads, run estimates, close jobs and do or staff the floors.
Does FloorIt take a cut of my jobs? No. There is no royalty, no revenue share and no fee per lead. FloorIt makes money on the package and on finish reorders.
Do I have to buy finish from FloorIt? No. There is no rule that you buy finish from us and no minimum order.
Can I leave FloorIt? Yes. There is no minimum term and no fee to leave, and you keep your business and customers.