table_specific

What was the total operating revenue for Floors To Go in 2023?

Floors_To_Go Franchise · 2025 FDD

Answer from 2025 FDD Document

December 31
ASSETS
Current 2023 2022
assets
Cash $ 812,308 $ 1,679,740
Accounts
receivable,
less
allowance
for
credit
losses 461,463 383,451
of
$27,615
($19,131
in
2022)
Prepaid 3,189 3,189
expenses
Total 1,276,960 2,066,380
current
assets
Goodwill 50,000 50,000
Total $ 1,326,960 $ 2,116,380
assets
LIABILITIES
AND
MEMBER'S
EQUITY
Liabilities
Accounts $ 9,763 $ 15,030
payable
Due 472,253 563,149
to
franchisees ‐ cashback
program
Deferred 34,409 51,761
revenue
Accrued 260,669 227,000
expenses
Total 777,094 856,940
liabilities
(all
current)
Member's 549,866 1,259,440
equity
Total $ 1,326,960 $ 2,116,380
liabilities
and
member's
equity

The accompanying

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

What This Means (2025 FDD)

According to Floors To Go's 2025 Franchise Disclosure Document, the operating revenue for the company in 2023 was $3,313,578. In addition to operating revenue, Floors To Go also generated revenue from the sale of franchise licenses.

Specifically, Floors To Go made $13,451 from the sale of franchise licenses in 2023. This brought the company's total revenue for 2023 to $3,327,029.

Prospective franchisees should consider these figures in the context of the company's overall financial performance and trends. Comparing revenues and expenses over multiple years, as presented in the FDD, can provide a more comprehensive understanding of the financial health and stability of Floors To Go.

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.
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