How much did Floors To Go spend on franchise-related costs in 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
is required to file income tax returns, for all open tax years in these jurisdictions, to identify potential uncertain tax positions. As of December 31, 2024, there are no uncertain income tax positions taken or expected t
Source: Item 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, franchise-related costs include advertising and product promotion expenses. In 2023, Floors To Go's franchise-related costs totaled $259,435. These costs are expensed as they are incurred and are recognized on the company's statements of income.
For a prospective franchisee, this figure provides insight into the franchisor's investment in marketing and promotional activities that support the brand. Understanding the franchisor's financial commitment to advertising and promotion can help franchisees assess the potential brand awareness and customer traffic they might expect.
It's important to note that this figure only represents advertising and product promotion costs. Other franchise-related costs, such as those related to franchisee support, training, or other services, may be accounted for separately. Therefore, this number provides only a partial view of the total investment Floors To Go makes in its franchise system.