What exhibit contains the Floors To Go Principal Owner's Statement?

According to the 2025 Floors To Go Franchise Disclosure Document, the Principal Owner's Statement can be found in Exhibit "C". This statement is a form that must be completed by the prospective member if they have multiple owners or if their franchised business is owned by a business organization, such as a corporation, partnership, or limited liability company. Floors To Go, LLC relies on the truth and accuracy of this form when awarding the franchise.

This requirement ensures that Floors To Go has a clear understanding of the ownership structure of each franchise. It allows them to assess the individuals or entities ultimately responsible for the franchise's operations and financial obligations. By requiring this form, Floors To Go aims to mitigate potential risks associated with complex ownership arrangements.

For a prospective franchisee, this means that if the franchise is not owned and operated solely by an individual, additional documentation and disclosure will be necessary. This may involve providing information about the business organization's structure, its owners or members, and their respective roles and responsibilities. It is important for prospective franchisees to complete this form accurately and transparently to avoid any delays or complications in the franchise approval process.