13 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Floors To Go franchise ranges from $23K to $62K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Floors To Go is $10K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Floors To Go 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Floors To Go does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisFloors To Go has been involved in 1 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Floors To Go franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisFloors To Go offers exclusive territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisFloors To Go currently operates 150 locations (2024 FDD) (150 franchised, 0 company-owned). The system contracted by 6.8% over the past year. The 3-year compound annual growth rate is -0.2%.
View full growth analysisThe 1-year franchisee turnover rate for Floors To Go is 12.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisFloors To Go does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Floors To Go is 5 years (2024 FDD). The total potential term is 5 years.
View full contract analysisFloors To Go's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 0 miles of the former location (2024 FDD).
View full legal analysisYes, Floors To Go's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
View full legal analysisFloors To Go does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
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