factual

Under what conditions is the Floors To Go transfer fee waived?

Floors_To_Go Franchise · 2025 FDD

Answer 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)

Based on the 2025 Floors To Go Franchise Disclosure Document, the franchisor may waive the service fee and advertising fee, but not the transfer fee, under specific conditions related to relocation. According to the FDD, a franchisee has the right to relocate their showroom during the term of the agreement, provided they meet certain requirements. These include giving the franchisor 90 days prior written notice, ensuring the new location is within their territory, and complying with all other terms of the agreement.

Floors To Go must provide written consent for the relocation, which, according to the FDD, will not be unreasonably withheld. Upon the franchisee's request, Floors To Go may waive the service fee and advertising fee while the franchisee is in the process of relocating.

However, this waiver is temporary and shall not extend beyond 90 days. The FDD does not state that the transfer fee will be waived under any circumstances. Therefore, a franchisee should anticipate paying a transfer fee in the event of a transfer, regardless of other fees being waived during a relocation.

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.