Who pays for what
Who pays for what in your first year?
Last updated · FloorIt
In your first year, the one-time package covers your business build, your kit, your first 12 gallons of finish and your training. FloorIt also pays the ad spend behind your first 50 leads and your first 3 buffer rentals. After that, the running costs of your jobs are yours. Here is every cost in one list, so nothing comes as a surprise.
The full list
| Cost | Who pays | Notes |
|---|---|---|
| Business build: LLC, brand, website, Google profile, phone, CRM | The package | Done in about 14 days, in your name |
| Applicator kit and first 12 gallons of finish | The package | Shipped to your door |
| Course, live classes and success manager | The package | The training and resources are yours for life |
| Ad spend for your first 50 leads | FloorIt | Our booking team calls and books them too |
| Your first 3 buffer rentals | FloorIt | For your first 3 jobs |
| Buffer rentals after that | You | One day at the rental store, per job |
| Finish after your first 12 gallons | You | From us, or another finish |
| Leads after your first 50 | Bundled in, or you | Leads come bundled in when you reorder finish from us. Ads you run yourself are your own cost |
| Shop vac and starting supplies | You | About $80 and about $60, bought once |
| Insurance and any license | You | In your name |
| Taxes, gas, card fees | You | Like any business |
What FloorIt pays for before you earn anything
The ad spend behind your first 50 leads, the calls our team makes to book them, and your first 3 buffer rentals all come out of our pocket before you sell a job. That's one reason we check your area before your call. We don't want to spend that money where the demand isn't there, and neither do you.
The costs that come with every job
Finish, a buffer rental, screens and pads, and gas. On an average floor of about 1,000 square feet, materials and job costs usually run about $360 to $460. If the job came from paid ads, part of that ad money belongs to the job too.
The costs that come once a year
- General liability insurance. We ask every partner to carry it
- Any state or city license your area needs
- EPA lead-safe certification, if you work in homes built before 1978
- An accountant, if you use one
The fees that don't exist
- Royalty
- Revenue share
- Ad fund
- Territory fee
- Monthly fee
- Fee to leave
If anyone ever asks you for one of these in our name, tell us.
Plan your cash for the first months
Your business takes about 14 days to build. Leads start once you pass the course quizzes. Then each lead needs an estimate and follow-up before a job pays you. Keep savings for a slow start, so a quiet week is just a quiet week.
Keep reading
- How FloorIt makes money: the guide: Every way FloorIt makes money, who pays for what, and how it compares with a franchise, agency or course. No royalty, no revenue share and no monthly fee.
- What FloorIt costs: What the FloorIt investment covers, how people pay for it (in full, split, or financed with a soft credit check), and why we cover the exact amount on the call.
- Material cost per job: What a hardwood floor recoat costs in materials: about 1.8 gallons of finish for 1,000 sq ft, plus buffer rental, screens and gas. Usually about $360 to $460.
- Your first 30 days: What happens after you sign with FloorIt, day by day: payment check, kickoff call, the 14-day build, delivery call, equipment, training and launch.