Where can I find information about other expenditures required for a Floors To Go franchise?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition to the Initial Membership Fee, you will be obligated to make certain other expenditures, which are described in Items 6 and 7 below. Some of these expenditures must be made before you can open your Showroom for business. However, other than the Initial Membership Fee, you will not be required to pay FTG or its affiliates any fees or amounts for services or goods received from them prior to the time you open your FTG Showroom for business.
Source: Item 5 — INITIAL FEES (FDD pages 11–12)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, Item 5 provides information on the initial fees associated with becoming a franchisee. While it primarily discusses the Initial Membership Fee, it also directs prospective franchisees to Items 6 and 7 for details on other required expenditures. Specifically, it mentions that some of these expenditures must be made before opening the showroom.
Item 5 details the Initial Membership Fee for a single showroom membership is $10,000. This fee is paid in two parts: $1,000 when the Membership Agreement is signed, and the remaining $9,000 through the FTG CashBack Program. The CashBack Program involves earning rebates on selected floor covering and window treatment products, with percentages ranging up to 8% of the purchase price. These rebates are paid to Floors To Go, who then distributes the funds to the franchisee annually or semi-annually after deducting any amounts owed to Floors To Go.
For franchisees opening or converting multiple showrooms, the initial $10,000 Initial Membership Fee applies to the first showroom. However, no additional Initial Membership Fees, Service Fees, or Advertising Fees are required for subsequent showrooms. The FDD also mentions that Floors To Go may offer promotions for limited periods, providing credits against Initial Membership Fees to encourage new memberships and showroom openings. These promotions and fee structures are subject to change at the franchisor's discretion.