Carpets and beds retailer Colourbank has announced the launch of its new carpet franchise model.
The Leicester-based business has been growing its trade and wholesale side over the last five years and has now decided to offer a nationwide Colourbank carpet franchise following a year of piloting.
Commenting on the launch, Trevor Johnson, Chairman at Colourbank, said: “After a large cash outlay preparing this project, we are now ready to launch this officially. We have looked at other carpet franchises and wanted to offer a much simpler and profitable model for the franchisees. We have taken advice from specialists who have advised a great number of companies who have rolled out franchises in many different sectors.
“We are concentrating on developing the franchise operation over the next few years, while continuing to invest in our retail stores in Leicester, expanding our contract division and continually improving our internal systems.”
Another area of continuous investment for the business is its sustainable practices. Colourbank has a £100,000 solar panel installation on its roof, while also completely switching to low energy lighting and equipment.
Trevor added: “We recycle all our polythene and cardboard, while our underlays are a mix of recycled materials and recyclable materials. We have also installed three car charging points at our head office and we use sophisticated route planning software to reduce the miles travelled when carrying out deliveries. We plan to switch all our fleet to fully electric when replacement vehicles are required. We favour suppliers who are improving their record in this regard.”
Colourbank, which has been established for over 30 years and operates from two stores in Leicester, one on Cavendish Road and the other at Crest Rise, said that business has “held up incredibly well” during 2022 due to its large stock holding and quality service, while noticeable trends have seen consumers move towards “better quality products as the bottom end customers are more affected by the cost-of-living issues”. There has also been a steady growth in LVT and hard floorings.
Trevor continued: “We always carry a lot of stock to obtain the best prices so we can compete with anyone, as well as offering a fast-fitting service by our 18 fitting crews. We also favour strong brands such as AW, Abingdon and Furlong.”
With a final word back on its carpet franchise opportunity, Trevor is encouraging any interested parties to contact the business to find out more. “We are determined that our franchise model will be the fairest one available as we want the franchisees to make a good living and run their own business with a lot of support and back up.
“We are in this for the long run and see this as the best way for Colourbank to grow organically and safely over the years ahead. I would be happy to welcome you to our head office to discuss this further, or we could have a virtual meeting if you prefer.”
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