Does the Floors To Go FDD include all contracts a franchisee will be required to sign?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS DISCLOSURE DOCUMENT IS PROVIDED FOR YOUR OWN PROTECTION AND CONTAINS A SUMMARY ONLY OF CERTAIN MATERIAL PROVISIONS OF THE FRANCHISE AGREEMENT. THIS DISCLOSURE DOCUMENT AND ALL CONTRACTS OR AGREEMENTS SHOULD BE READ CAREFULLY IN THEIR ENTIRETY FOR AN UNDERSTANDING OF ALL RIGHTS AND OBLIGATIONS OF BOTH THE FRANCHISOR AND THE FRANCHISEE.
THIS DISCLOSURE DOCUMENT IS PROVIDED FOR YOUR OWN PROTECTION AND CONTAINS A SUMMARY ONLY OF CERTAIN MATERIAL PROVISIONS OF THE FRANCHISE AGREEMENT. THIS DISCLOSURE DOCUMENT AND ALL CONTRACTS OR AGREEMENTS SHOULD BE READ CAREFULLY IN THEIR ENTIRETY FOR AN UNDERSTANDING OF ALL RIGHTS AND OBLIGATIONS OF BOTH THE FRANCHISOR AND THE FRANCHISEE.
I have received a disclosure document, dated March 12, 2025, that included the following Exhibits: A. Membership Agreement B. State Specific Amendments to the Membership Agreement C. Principal Owner's Statement D. State Specific Addenda to the Franchise Disclosure Document E. Audited Financial Statements F. List of State Administrators G. FTG's Registered Agents for Service of Process H. FTG's Currently Operating Members I. FTG's Not Yet Operational Members J. FTG's Terminated or Cancelled Members K. State Effective Dates L. Receipt
Source: Item 22 — CONTRACTS (FDD page 47)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, several exhibits are included, but it is not explicitly stated that ALL contracts a franchisee will be required to sign are included. Specifically, Exhibits D-13, D-14, D-15, and D-16 are state-specific disclosures that mention the importance of reading "all contracts or agreements" carefully. Exhibit A is the Membership Agreement. Exhibit L is the receipt. These disclosures emphasize that the FDD contains a summary of the franchise agreement but do not confirm that every single contract is present within the document itself.
These exhibits highlight the necessity for a prospective Floors To Go franchisee to thoroughly review all documents related to the franchise. The state-specific disclosures for South Dakota, Virginia, Washington, and Wisconsin each advise franchisees to read all contracts and agreements carefully to fully understand their rights and obligations. This caution suggests that there may be additional agreements beyond the primary franchise agreement that a franchisee will need to be aware of.
Given this information, it is essential for a potential Floors To Go franchisee to confirm whether the FDD includes all contracts they will be required to sign. They should ask Floors To Go for a comprehensive list of all agreements and ensure they receive copies of each document for review before signing any binding agreements or making payments. Consulting with a franchise attorney is also advisable to ensure a complete understanding of all contractual obligations and potential risks.