Does Floors To Go have a right of first refusal to acquire a Floors To Go franchisee's business?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Membership Agreement | Summary | |
|---|---|---|---|
| n. | Franchisor's right of f irst refusal to acquire franchisee's business | Not applicable | |
| o. | Franchisor's option to p urchase franchisee's business | Not applicable |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 33–36)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, Floors To Go does not have a right of first refusal to acquire a franchisee's business. Item 17 of the FDD outlines various provisions related to the franchise agreement, including those concerning transfer and termination.
Specifically, the table within Item 17 details the franchisor's right of first refusal to acquire the franchisee's business. The summary for provision 'n' states 'Not applicable'. This means that Floors To Go franchisees are not obligated to offer Floors To Go the first opportunity to buy their business if they decide to sell.
Similarly, Floors To Go does not have an option to purchase the franchisee's business, as indicated by the 'Not applicable' summary for provision 'o'. This gives Floors To Go franchisees more flexibility in deciding who to sell their business to and negotiating the terms of the sale, as they are not restricted by a right of first refusal or an option held by the franchisor.