In what month and year did Floors To Go begin offering franchises?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
FTG began offering franchises in certain states in June 2002.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–9)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, Floors To Go, LLC began offering franchises in June 2002. The company was initially organized as Floors To Go Acquisition, LLC on June 3, 2002, and subsequently changed its name on June 24, 2002, before commencing franchise sales.
This information is crucial for potential franchisees as it establishes the brand's history in the franchise market. Knowing when a franchisor started offering franchises helps assess its experience and stability. A longer history, like that of Floors To Go, can indicate a more developed and tested franchise system.
Prospective franchisees might want to further investigate Floors To Go's franchising history, including the number of franchises sold each year, the success rate of franchisees, and any significant changes in the franchise model over time. This deeper dive can provide a more comprehensive understanding of the franchise opportunity and its potential risks and rewards.