Floor Coverings vs Millicare Floor & Textile Care
Floor Coverings vs Millicare Floor & Textile Care: Floor Coverings costs $40K to $300K to open; Millicare Floor & Textile Care costs $100K to $631K. Floor Coverings has 134 units, Millicare Floor & Textile Care has 157. SBA loan history: Floor Coverings = 156 loans (6.4% default); Millicare Floor & Textile Care = 12 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Floor Coverings vs Millicare Floor & Textile Care: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Floor Coverings requires the lower minimum capital commitment ($40K vs $100K for Millicare Floor & Textile Care), a 60% spread. Initial franchise fees come in at $30K for Floor Coverings versus $49K for Millicare Floor & Textile Care, Floor Coverings has the lower entry fee. Ongoing royalty load is 5% for Floor Coverings and 7% for Millicare Floor & Textile Care, giving Floor Coverings the lighter per-unit drag on operating income.
System Scale & Tenure
On scale, Millicare Floor & Textile Care operates 157 units to Floor Coverings's 134. Millicare Floor & Textile Care has been operating 42 years (founded 1984) versus 38 for Floor Coverings (founded 1988), a 4-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Floor Coverings has the deeper SBA lending track record, with 156 7(a) approvals compared with 12 for Millicare Floor & Textile Care. Floor Coverings's peak SBA year was 2024 (28 loans); Millicare Floor & Textile Care's peak was 2023 (7 loans). Floor Coverings's more recent peak generally indicates fresher lender appetite. Both systems have the most SBA funded units in TX. Borrowers in that state will find the deepest lender familiarity with either brand. Average SBA loan size on funded Floor Coverings deals is $175K vs $225K for Millicare Floor & Textile Care, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 6.4% for Floor Coverings and 0.0% for Millicare Floor & Textile Care, Millicare Floor & Textile Care has the cleaner SBA loss record by 6.4 points. PeerSense FPI scores come in at 80 (Excellent) for Floor Coverings and 61 (Moderate) for Millicare Floor & Textile Care, giving Floor Coverings the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 80/100 | 61/100 |
Health Tier | Excellent | Moderate |
Confidence | N/A | N/A |
Lending Trend | Growing | N/A |
SBA Lending
SBA Loans | 156 | 12 |
SBA Volume | – | – |
Default Rate | 6.4% | 0.0% |
Peer Tier | major | growing |
Investment & Costs
Total Investment | $40K to $300K | $100K to $631K |
Franchise Fee | $30K | $49K |
Royalty Rate | 5% | 7% |
Ad Fund | 3% | 1% |
Liquid Capital | N/A | N/A |
Net Worth Required | $200K | N/A |
Financial Performance (Item 19)
Item 19 Status | Not Disclosed | Disclosed |
System Size & Operations
Total Units | 134 | 157 |
Franchised Units | 134 | 152 |
Company Owned | – | 4 |
Term Length | 10 yrs | 10 yrs |
Brand Information
Year Founded | 1988 | 1984 |
Franchising Since | 1960 | 2020 |
Years Franchising | 66 yrs | 6 yrs |
Headquarters | STAFFORD, TX | Orlando, FL |
Category | Flooring Contractors | Flooring Contractors |
Website | ||
FDD Year | N/A | 2026 |
Which Is Better, Floor Coverings or Millicare Floor & Textile Care?
Lower upfront capital required
Tie
Floor Coverings: $40K starting · Millicare Floor & Textile Care: $100K starting
More SBA lender confidence
Floor Coverings
Floor Coverings: 156 SBA loans · Millicare Floor & Textile Care: 12 SBA loans
Lower SBA default rate
Millicare Floor & Textile Care
Floor Coverings: 6.4% · Millicare Floor & Textile Care: 0.0%
Larger system & brand presence
Tie
Floor Coverings: 134 units · Millicare Floor & Textile Care: 157 units
Lower ongoing royalty load
Floor Coverings
Floor Coverings: 5% · Millicare Floor & Textile Care: 7%
More lender financing options
Floor Coverings
Floor Coverings: 35 unique lenders · Millicare Floor & Textile Care: 4 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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Floor Coverings vs Millicare Floor & Textile Care: Franchise Funding Comparison
Comparing Floor Coverings and Millicare Floor & Textile Care is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $40K to $631K.
Floor Coverings has 156 SBA loans on record and Millicare Floor & Textile Care has 12. Those totals are cumulative history rather than a measure of current appetite. There is not enough recent lending activity on record to judge current appetite for at least one of these brands, so it has to be checked deal by deal.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Floor Coverings vs Millicare Floor & Textile Care, Frequently Asked Questions
Which is a better franchise investment, Floor Coverings or Millicare Floor & Textile Care?
How much does a Floor Coverings franchise cost compared to Millicare Floor & Textile Care?
Can I finance Floor Coverings or Millicare Floor & Textile Care with an SBA loan?
Which has a lower SBA default rate, Floor Coverings or Millicare Floor & Textile Care?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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