What documents, besides the disclosure document, must be provided at least seven days before the execution of any binding franchise agreement or payment of consideration for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
LLC Franchise Disclosure Document and may supersede, to the extent then required by valid applicable state law, certain portions of the Franchise Agreement dated __________________, 20.
The following is added to the Cover Page:
THESE FRANCHISES WILL BE OR HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII.
FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED IN THIS DISCLOSURE DOCUMENT IS TRUE, COMPLETE AND NOT MISLEADING.
THE FRANCHISE INVESTMENT LAW MAKES IT UNLAWFUL TO OFFER OR SELL ANY FRANCHISE IN THIS STATE WITHOUT FIRST PROVIDING TO YOU, AT LEAST SEVEN DAYS BEFORE THE EXECUTION BY YOU, OF ANY BINDING FRANCHISE OR OTHER AGREEMENT, OR AT LEAST SEVEN DAYS BEFORE THE PAYMENT OF ANY CONS
Source: Item 22 — Contracts (FDD page 24)
What This Means (2025 FDD)
According to the 2025 FDD, in the state of Hawaii, 1-800-GOT-JUNK? must provide certain documents to prospective franchisees at least seven days before the execution of any binding agreement or payment of consideration. Specifically, the franchise will be or has been filed under the Franchise Investment Law of the State of Hawaii.
This filing indicates that 1-800-GOT-JUNK? has taken steps to register its franchise offering in compliance with Hawaii's franchise laws. However, the disclosure explicitly states that this filing does not constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. Furthermore, it is not a guarantee that the information provided in the disclosure document is true, complete, and not misleading.
This requirement ensures that potential 1-800-GOT-JUNK? franchisees in Hawaii have adequate time to review all necessary documents and information before making a financial commitment. It also underscores the importance of conducting thorough due diligence and not relying solely on the fact that the franchise is registered with the state.