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When is the Floors To Go advertising fee due, and how is it paid?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
L INVESTMENT**
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Membership Fee(1) | $10,000 | $1,000 upfront fee; |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, franchisees must pay an advertising fee of $3,000. This fee is paid as a lump sum.
The advertising fee is payable semi-annually, meaning it is divided into two equal payments of $1,500 each. These payments are made directly to Floors To Go.
Understanding the timing and method of payment for the advertising fee is crucial for prospective Floors To Go franchisees as it helps in budgeting and managing cash flow. Failing to pay these fees on time could result in penalties or a breach of the franchise agreement.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.