Abbey Carpet FDD Summary
Type of Business
As a franchisee, you will have the right to use the ABBEY marketing and merchandising system for selling floor covering and window treatment products to consumers.
Corporate Information
Abbey Carpet Co., Inc. was incorporated in 1958 under the laws of the State of California as a retail carpeting store. Abbey Carpet Co., Inc. started as a family owned business and by 1966 had grown from one store to eleven stores. In 1966, Abbey Carpet Co., Inc discontinued operating any retail businesses and operated only as a buying service centered in Sacramento, California. Abbey Carpet Co., Inc. has continued to offer such buying service memberships and in 1971 became one of the first franchises to be registered under California’s Franchise Investment Law. On November 20, 1995, Abbey Carpet Co. of Florida, Inc. was incorporated under the laws of the State of Florida. Effective January 1, 1996, Abbey Carpet Co., Inc. was merged into Abbey Carpet Co. of Florida, Inc. which subsequently changed its name to Abbey Carpet Co.,Inc. ABBEY is now a corporation organized and existing under the laws of the State of Florida with its principal offices located at 3471 Bonita Bay Boulevard, Bonita Springs, Florida 34134.
Investment
The total investment necessary to begin operation of an ABBEY franchise is between approximately $44,900 and $83,750. This includes $32,000 that must be paid to ABBEY.