Does Floors To Go offer direct or indirect financing to members for any items?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
ifteenth month after the date your membership begins.
- (2) The Initial Membership Fee is paid as follows: (a) $1,000 is due at signing; and (b) $9,000 is paid through the participation in the FTG CashBack Program. FTG charges no interest on such deferred payments. See Item 5 for an explanation of the FTG CashBack Program which is based on a percentage of selected carpets and floor coverings purchased by you through the FTG System. Nine Thousand Dollars ($9,000) of your Initial Membership Fee will be collected from your CashBack Participation over five years.
- (3) If you choose to have the retail store design consultant visit your Showroom, you will be required to pay the designer's travel, lodging and meal expenses.
- (4) You may have construction and related costs in connection with the Redesign of your Showroom which may range from $7,500 to $25,000, depending upon the size of your Showroom and the extent of improvements made (see Item 11(B) below).
- (5) If you choose to sell products containing any other trademarks we may license in the future, you will also be required to purchase separate display racks for such products starting at a price of $400 each (see Item 13 below and Section 4.13 of the Membership Agreement).
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, Floors To Go does not offer direct or indirect financing to members for any items. However, Floors To Go does offer a CashBack program to help franchisees pay the initial membership fee.
Specifically, the initial membership fee is $10,000, with $1,000 due at signing. The remaining $9,000 can be paid through participation in the FTG CashBack Program, which is based on a percentage of selected carpets and floor coverings purchased through the Floors To Go System. This $9,000 is collected over five years, and Floors To Go charges no interest on these deferred payments.
While Floors To Go does not provide direct financing, franchisees may seek independent financing for expenditures such as equipment, fixtures, other fixed assets, and construction costs, which range from $7,500 to $25,000. These costs are typically due 6-12 months from signing the agreement and are paid to third parties.