What information is provided in Schedule A of the Floors To Go Membership Agreement?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
SCHEDULE "A"
SHOWROOM LOCATION and YOUR TERRITORY
SCHEDULE "A"
SHOWROOM LOCATION AND YOUR TERRITORY
Your Floors To Go Showroom (the "Showroom") shall be at the following street address:
The attached map delineates your protected geographic area ("Your Territory") in which the Showroom will be located, as mutually agreed upon prior to execution of the Membership Agreement. The following is a description of the Your Territory:
If you are establishing an additional Showroom or Showrooms simultaneously with the execution of your Membership Agreement, you acknowledge and agree that, notwithstanding the number of Showrooms established, you shall be deemed to have executed a separate Membership Agreement for each such Showroom and your rights and obligations with respect to each such Showroom shall be governed by the Membership Agreement.
Source: Item 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, Schedule A of the Membership Agreement pertains to the showroom location and the franchisee's territory. This schedule includes the street address of the Floors To Go showroom and a map delineating the protected geographic area, referred to as "Your Territory," in which the showroom will be located. The territory is mutually agreed upon before the execution of the Membership Agreement, and a description of "Your Territory" is also provided in Schedule A.
For prospective Floors To Go franchisees, Schedule A is important because it defines the physical location of their showroom and the geographic boundaries within which they will have certain protections. This protected territory is a key factor in assessing the potential market and competition for the franchise. The document specifies that if a franchisee establishes multiple showrooms simultaneously, each showroom is treated as a separate Membership Agreement, with individual rights and obligations.
It is important for potential franchisees to carefully review the description and map of their territory in Schedule A to understand the scope of their market area and any limitations or restrictions that may apply. This information helps in evaluating the potential customer base and assessing the viability of the Floors To Go franchise location. Understanding the territory is crucial for making informed decisions about the franchise opportunity and negotiating the terms of the Membership Agreement.