To whom is the service fee paid 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, franchisees are required to pay a service fee of $400. This fee is paid periodically on a monthly basis after the first month of operation. The service fee is paid directly to FTG, which is short for Floors To Go.
This service fee is a recurring expense that franchisees should factor into their monthly operating costs. It is important to note that this fee starts one month after the franchise begins operation, allowing a short grace period. Franchisees should budget for this expense and ensure they understand how the service fee contributes to the ongoing support and services provided by Floors To Go.
Understanding where your money goes is an important part of the due diligence process when considering a franchise investment. Prospective franchisees should inquire about what specific services or support are covered by this monthly service fee to fully understand its value and how it benefits their Floors To Go business.