What conditions must be met before Floors To Go distributes CashBack funds to the franchisee?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
Manufacturers CashBack Program**
By purchasing through the FTG Marketing System you will be able to purchase floor and window covering products at a reduced price, and you will be eligible to participate in the FTG CashBack Program (the "FTG CashBack Program"). The FTG CashBack Program consists of various floor covering and window treatment manufacturers offering CashBack incentives for the purchase of selected floor covering and window treatment products. When you purchase such selected items you will be credited with a cash rebate based upon a percentage of the purchase price of the selected items purchased. These percentages range up to 8% of the purchase price of the selected items. Such cash rebates will be paid to FTG on your behalf when you earn such CashBack incentives. FTG will hold such funds, without liability for interest, and after verification of amounts received, and after setting off any amounts that you owe to FTG, will distribute such funds to you annually or semi-annually. You are eligible to participate in the FTG CashBack Program and will be notified on a regular basis of CashBack rebates received on your behalf.
**C.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 17–20)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, franchisees may be eligible for the FTG CashBack Program when purchasing selected floor covering and window treatment products through the FTG Marketing System. This program provides cash rebates based on a percentage of the purchase price, potentially reaching up to 8% of the cost of selected items. These rebates are initially paid to Floors To Go on behalf of the franchisee.
Floors To Go holds these CashBack funds without accruing any interest. Before distributing the funds to the franchisee, Floors To Go must first verify the amounts received from the manufacturers. Additionally, Floors To Go will offset any outstanding amounts that the franchisee owes to them.
After these conditions are met—verification of the CashBack amounts and deduction of any debts owed to Floors To Go—the remaining CashBack funds are distributed to the franchisee. This distribution occurs either annually or semi-annually. Franchisees are regularly notified of the CashBack rebates received on their behalf, ensuring transparency in the process.