Where can I find information about Floors To Go membership rights as a franchisee?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
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 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
Based on the 2025 Floors To Go Franchise Disclosure Document, specific details regarding franchisee membership rights can be found within several key exhibits and items. While a comprehensive overview is not available in one single location, the FDD directs prospective franchisees to specific areas for relevant information.
Exhibit A, titled "Membership Agreement," is likely to contain the core contractual terms defining the rights and obligations of Floors To Go franchisees. Exhibit B, "State Specific Amendments to the Membership Agreement," indicates that these rights may vary depending on the franchisee's location, due to differing state laws. For example, Exhibit D includes state-specific addenda for California, Wisconsin, South Dakota, Virginia, and Washington, which address items such as waivers of jury trials, interest rate compliance, and franchise termination rights, which modify the standard agreement.
Item 17, as referenced in the Virginia disclosure, also pertains to franchisee rights, particularly concerning franchise termination and the franchisee's ability to waive rights or disclaim reliance on franchisor statements. Reviewing these sections will provide a detailed understanding of a Floors To Go franchisee's membership rights, but it is important to consult with a legal professional to fully understand the implications of the agreement and any state-specific amendments.