table_specific

How many Floors To Go franchises were transferred in Florida during 2024?

Floors_To_Go Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Florida 2022 0
2023 0
2024 1

Source: Item 20 — OUTLETS AND MEMBER INFORMATION (FDD pages 37–47)

What This Means (2025 FDD)

According to Floors To Go's 2025 Franchise Disclosure Document, there was one franchise transfer in Florida during 2024. This means that one existing Floors To Go franchise location in Florida was sold to a new owner during that year.

For a prospective franchisee, this indicates the relative stability and desirability of Floors To Go franchises. Transfers can occur for various reasons, such as the original franchisee retiring, pursuing other business ventures, or facing personal circumstances that necessitate selling the business. A low number of transfers could suggest that franchisees are generally satisfied with their investment and business performance.

However, it's important to consider the context of this number. One transfer in a single state doesn't necessarily reflect the overall health of the Floors To Go franchise system. A prospective franchisee should investigate the reasons behind the transfer, if possible, and compare the transfer rates in other states to gain a more comprehensive understanding. They should also inquire about the Floors To Go's process for facilitating franchise transfers and the support provided to both the seller and the buyer during the transition.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.