Flooring Contracts

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Commonly Asked Questions about Flooring Contracts

What is the average profit margin for a flooring company?

The average expectation for profit margins in the flooring industry is 38% to 45%. Keep reading to find out how you can maintain a 38-45% profit margin for your flooring company.

How much will vinyl flooring expand and contract?

Both luxury vinyl tile and vinyl plank flooring expand and contract when exposed to changes in weather, including temperatures. The expansion and contraction are only fractions of an inch, but this can make a difference.

Does vinyl flooring contract?

Vinyl floors are made from a PVC compound and are similar to natural wood; changes in temperature and humidity may cause vinyl floors to naturally expand and contract. To combat these environmental fluctuations and to protect your vinyl floors, keep your home at a comfortable and consistent temperature.

How long should vinyl flooring last?

Generally speaking, vinyl sheet flooring will last anywhere from 10 to 20 years, while vinyl plank and tile flooring will last 15 to 20 years. The thickness of its wear layer vastly impacts vinyl floorings lifespan, so pay attention to this detail when purchasing your flooring.

Why does vinyl plank flooring expand and contract?

At the molecular level, vinyl is affected by temperature. When its warm, the molecules in vinyl planks spread out, causing expansion. Conversely, in cooler temperatures, they contract. This is a natural response and is considered in the design and installation process.

How much do most contractors charge to lay flooring?

The national average flooring installation cost is around $7 per square foot or $3,500 per 500 square feet, which includes the cost of both materials and labor. However, no flooring project is exactly the same and costs can vary dramatically depending on your choices.

Is flooring a lucrative business?

Indeed, the U.S. flooring installer industry is worth $28.5 billion and there are about 122,000 flooring installation businesses across the U.S. Now, using data from more than 560 franchised flooring installation businesses, a flooring installer earns $563,000 in gross revenue per year on average.

Why avoid vinyl flooring?

Manufacturing vinyl flooring requires the use of toxic chemicals, and after installation, vinyl floors have been known to emit VOCs (volatile organic compounds). Off-gassed VOCs can adversely affect health and an indoor environment, particularly without windows or ventilation, will lead to higher concentrations.