Under what circumstances is the Floors To Go transfer fee waived?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
For your convenience, you will have the right, during the term of this Agreement, to relocate your Showroom provided that: (i) you give us ninety (90) days prior written notice of such proposed relocation; (ii) the new location for the Showroom is within Your Territory; and (iii) the new location of the Showroom otherwise complies with the terms of this Agreement and you agree to a revision of Your Territory as determined by us in our sole discretion. We must consent in writing to the change of location, which consent will not be unreasonably withheld. Upon your request, we may waive your Service Fee and Advertising Fee while you are in the process of relocating. Such payment waiver shall in no event extend beyond ninety (90) days.
Source: Item 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, the service fee and advertising fee may be waived when a franchisee is relocating their showroom. Upon the franchisee's request, Floors To Go may waive these fees while the franchisee is in the process of relocating.
However, this waiver is conditional. First, the franchisee must be relocating within their designated territory. Second, the new location must comply with all other terms of the franchise agreement. Finally, the waiver of the service fee and advertising fee will not extend beyond 90 days.
This waiver provides a potential financial benefit to Floors To Go franchisees who choose to relocate their showroom, as it can help offset some of the costs associated with moving to a new location. However, franchisees should carefully consider the conditions and limitations of the waiver before making a decision to relocate.