Averan Five Star Flooring Opening Package Offer
Averan Advisors gets the books and financial systems for a new Five Star Flooring location ready before opening day, so your first month closes on time. The setup follows Five Star Flooring’s 2026 FDD and your franchise agreement.
The Five Star Flooring opening package
Five Star Flooring’s 2026 FDD puts the cost to open one location at $157,000 to $264,500, so getting the finances right from the start matters.
Averan helps Five Star Flooring franchisees get their books and financial systems ready before opening, with a dedicated home improvement specialist.
- QuickBooks set up for Five Star Flooring’s reporting requirements.
- Build-out spending tracked against Five Star Flooring’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the Five Star Flooring conversion package.
What the Five Star Flooring opening package includes
QuickBooks file
We build a QuickBooks file for your Five Star Flooring location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report Five Star Flooring asks its owners for.
Analytics package
Each month we compare your results with the figures in Five Star Flooring’s 2026 FDD.
Budget tracker
We turn Five Star Flooring’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system Five Star Flooring requires, its job scheduling and invoicing system and your payroll to the books.
Tested before opening
Before your Five Star Flooring location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your Five Star Flooring royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of Five Star Flooring’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
Five Star Flooring figures from the FDD
Five Star Flooring’s one company-controlled location reported adjusted revenue of $2,895,922 from 1 September 2024 to 31 August 2025, according to Item 19 of Five Star Flooring’s 2026 FDD, issued 8 April 2026. Fees paid to Five Star Flooring come to about 8.4%* of sales. A Five Star Flooring franchise costs $157,000 to $264,500 to open.
The Five Star Flooring initial franchise fee is $59,500, which is part of the Five Star Flooring Item 7 estimate, according to Five Star Flooring’s 2026 FDD.
Send us to start
- Your signed Five Star Flooring franchise agreement.
- Five Star Flooring’s current FDD.
- The Five Star Flooring monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system Five Star Flooring requires.
- The job scheduling and invoicing system.
- The Five Star Flooring reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from Five Star Flooring owners
Does Averan Advisors work with Five Star Flooring owners?
Averan Advisors sets up and keeps the books for Five Star Flooring owners, and the Averan franchise library has a breakdown of Five Star Flooring’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the Five Star Flooring royalty show up in the books?
The Five Star Flooring royalty is 6% of sales, according to Five Star Flooring’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your sales.
What does it cost to open a Five Star Flooring franchise?
Five Star Flooring’s 2026 FDD estimates in Item 7 that opening one Five Star Flooring location costs $157,000 to $264,500. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my Five Star Flooring location opens?
Your Five Star Flooring books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in Five Star Flooring’s 2026 FDD.
Where to next
Talk to us about your Five Star Flooring opening
Send the short form for the Five Star Flooring opening package, or book a 30-minute call about your Five Star Flooring location and your opening date.
Get the offer → Book a 30-minute call