How often will Floors To Go distribute CashBack funds to members?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
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 carpets and/or floor coverings you will be credited with a cash rebate based upon a percentage of the selected carpets and/or floor coverings purchased. These percentages range up to 8% of the purchase price of 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.
Source: Item 5 — INITIAL FEES (FDD pages 11–12)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, after verification of amounts received and any offsets for amounts owed to Floors To Go, CashBack funds will be distributed to members either annually or semi-annually. These funds are generated through the FTG CashBack Program, where manufacturers offer incentives for the purchase of selected floor covering and window treatment products.
The FTG CashBack Program allows franchisees to earn cash rebates based on a percentage (up to 8%) of the purchase price of selected items. These rebates are paid to Floors To Go on the franchisee's behalf. Floors To Go holds these funds without liability for interest until distribution.
This distribution schedule provides Floors To Go franchisees with a periodic return of the CashBack incentives earned through their purchases, which can help offset costs or increase profitability. The annual or semi-annual distribution frequency offers some flexibility, though the specific timing may depend on Floors To Go's internal processes and verification procedures. Franchisees should clarify with Floors To Go the exact distribution schedule and any potential factors that could affect the timing of payments.