table_specific

What does Schedule C of the Floors To Go Membership Agreement pertain to?

Floors_To_Go Franchise · 2025 FDD

Answer from 2025 FDD Document

SCHEDULE "C"

PRINCIPAL OWNER'S STATEMENT

PLEASE SEE EXHIBIT "C" FOR PRINCIPAL OWNER'S STATEMENT

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

What This Means (2025 FDD)

According to the 2025 Floors To Go Franchise Disclosure Document, Schedule C of the Membership Agreement pertains to the Principal Owner's Statement. Prospective franchisees should refer to Exhibit C of the FDD to review the actual Principal Owner's Statement form.

The Principal Owner's Statement is a standard document in franchising. It requires the individual who will be primarily responsible for operating the Floors To Go franchise to provide detailed information about their background, experience, and financial status. This information helps Floors To Go assess the suitability and capability of the principal owner to manage the franchise effectively.

By reviewing Exhibit C, prospective Floors To Go franchisees can understand what information they will need to disclose as part of their application. This allows them to prepare the necessary documentation and be ready to provide accurate and complete information to the franchisor. The statement is a critical component of the due diligence process, ensuring that both the franchisee and Floors To Go are entering into a mutually beneficial partnership.

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.