factual

On what day of each month is the Floors To Go service fee due?

Floors_To_Go Franchise · 2025 FDD

Answer from 2025 FDD Document

vements to the Showroom, you are required to promptly furnish us updated photographs of your Showroom.

6.3. Service Fee.

  • a. Our monthly service fee is $400 (hereinafter the "Service Fee"). The Service Fee shall be payable commencing three (3) months after the Effective Date and shall be due and payable thereafter on each successive 10th day of each month.
  • b. We reserve the right to reasonably and uniformly increase or decrease th

Source: Item 23 — RECEIPTS (FDD pages 47–204)

What This Means (2025 FDD)

According to the 2025 Floors To Go Franchise Disclosure Document, the monthly service fee is due on the 10th day of each month. The service fee is $400. Floors To Go franchisees will start paying this fee three months after the effective date of their franchise agreement.

Floors To Go retains the right to adjust the service fee. These adjustments must be reasonable and applied uniformly across all franchisees, reflecting changes in the demands of the Floors To Go system.

For a prospective franchisee, this means budgeting for a recurring monthly expense of $400, starting three months after the franchise agreement is signed. It is important to note that this fee could increase or decrease over time, depending on the franchisor's assessment of the system's needs. Franchisees should inquire about the historical frequency and magnitude of these service fee adjustments to better anticipate future costs.

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.