How often will Floors To Go distribute CashBack funds to the franchisee?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
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 participating in the FTG CashBack Program will receive funds either annually or semi-annually. This program involves various floor covering and window treatment manufacturers offering CashBack incentives, potentially up to 8% of the purchase price, for selected products purchased through the FTG Marketing System.
Floors To Go receives these cash rebates on behalf of the franchisee. After verifying the amounts and deducting any outstanding debts the franchisee owes to Floors To Go, the remaining funds are distributed to the franchisee. It is important to note that Floors To Go holds these funds without any liability for interest.
For a prospective franchisee, this means that a portion of their purchases could be returned to them as cash, helping to offset costs and improve profitability. However, the actual amount received depends on the franchisee's purchasing behavior and the specific CashBack incentives offered by manufacturers at any given time. The annual or semi-annual distribution provides a predictable schedule for receiving these funds, allowing franchisees to plan their finances accordingly.