factual

When does the minimum purchase requirement go into effect for a Floors To Go showroom?

Floors_To_Go Franchise · 2025 FDD

Answer from 2025 FDD Document

am, against any and all amounts which you owe us.

7. Our Expectation

  • 7.1. General Operations. As part of the FTG commitment, we ask each member to:
  • a. Commit to purchasing, for each of your Showrooms, a minimum of $350,000 or 80% of your total floor covering and window treatment purchases, whichever is greater, through the FTG System during each

Source: Item 23 — RECEIPTS (FDD pages 47–204)

What This Means (2025 FDD)

According to the 2025 Floors To Go Franchise Disclosure Document, a franchisee is expected to purchase a minimum of $350,000 or 80% of their total floor covering and window treatment purchases, whichever is greater, through the FTG System for each showroom. This minimum purchase requirement goes into effect three months after the Effective Date.

This means that three months after the franchise agreement's effective date, the franchisee must start meeting the minimum purchase requirements. The "Effective Date" is likely defined in the franchise agreement itself. The franchisee must purchase at least $350,000 worth of products through Floors To Go, or 80% of all their floor covering and window treatment purchases, whichever amount is higher.

It is important to note that only floor covering and window treatment products that Floors To Go designates as part of the FTG System count towards meeting this minimum. This gives Floors To Go control over which purchases qualify. A prospective franchisee should clarify with Floors To Go exactly which products are included in the FTG System to accurately forecast their ability to meet the minimum purchase requirements.

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.