A GLASGOW flooring specialist is targeting a 20 per cent uplift in turnover after launching an outlet on London’s Fulham Road.
The Wooden Floor Store, which was established by Richard Snape and Ross Nicholl 18 years ago, expects the 2,000 sq ft franchise shop to add £1 million to its top-line figure, bringing it up to £6m within a year of opening.
Mr Snape said the aim is to follow the London launch with several other franchise agreements as it seeks to expand further across the UK.
“Our new townhouse boutique in London is our first foray south of the Border,” he said. “There’s a lot of appetite for our products and services already, so we’re in the early stages of discussions about another London location.
“We aren’t resting on our laurels, instead targeting a tripling of the size of our business over the next three to five years, targeting more than 20 showrooms. We’re looking at franchising as a vehicle for our growth and have a number of interested parties across the country.”
In total the firm aims to have 20 sites across the UK within the next five years, adding to its existing locations in Glasgow, Edinburgh, Falkirk, Paisley, Belfast and Lisburn.
Mr Nichol said the firm is “proud to now be the only wooden flooring specialists with a presence in Scotland, Northern Ireland and now England”, adding that the business believes its growth plan is achievable because it has “the infrastructure in place to import and store products”.
“Since Richard and I set up the business 18 years ago, we’ve developed more than 100 products, managing every stage of the process from forest to shop floor,” he said.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here