What is the limitation on transfer fees that Floors To Go can collect from franchisees in Washington?

According to Floors To Go's 2025 Franchise Disclosure Document, transfer fees collected from franchisees in Washington are limited to the franchisor's reasonable estimated or actual costs incurred during the transfer process. This means Floors To Go can only charge franchisees in Washington fees that directly reflect the expenses they incur while facilitating the transfer of the franchise.

This provision protects franchisees from excessive or arbitrary transfer fees. It ensures that the fees are tied to actual costs, providing transparency and preventing the franchisor from profiting unduly from franchise transfers.

For a prospective Floors To Go franchisee in Washington, this is a beneficial safeguard. It is important to understand what constitutes 'reasonable estimated or actual costs' and to request a detailed breakdown of these costs from Floors To Go should a transfer situation arise. This will help ensure that the fees charged are legitimate and in compliance with the franchise agreement and applicable laws.