When is the service fee due for a Floors To Go franchise?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
L INVESTMENT**
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Membership Fee(1) |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 14–17)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, the service fee is $400 and is due monthly after one month. This means that a new Floors To Go franchisee will begin paying the $400 service fee every month, starting one month after the franchise agreement is signed.
This monthly service fee contributes to the ongoing operational costs and support provided by Floors To Go. It is important for prospective franchisees to factor this recurring expense into their financial projections. Understanding when this fee is due helps in managing cash flow during the initial months of operation.
Franchisees should also confirm whether this service fee is subject to change over the term of the franchise agreement and what services are covered by the fee. This information is typically detailed in the franchise agreement itself. Knowing the specifics of the service fee helps franchisees budget accurately and understand the value they receive in return for the payment.