Does the 360 Painting Franchise Agreement include an exhibit related to franchisee information?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
- EXHIBIT C-1 MISCELLANEOUS INFORMATION; TERRITORY DEFINED
- EXHIBIT C-2 PERSONAL COVENANTS
- EXHIBIT C-3 INTERNET WEB SITES AND LISTINGS AGREEMENT
- EXHIBIT C-4 TELEPHONE LISTING AGREEMENT
EXHIBIT C-5 FRANCHISEE INFORMATION
EXHIBIT C-6 GUARANTY AGREEMENT
EXHIBIT C-7 GENERAL RELEASE
EXHIBIT C-8 ACH AUTHORIZATION
EXHIBIT C-9 COPY OF SIGNED RECEIPT TO FRANCHISE DISCLOSURE DOCUMENT
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 FDD, the 360 Painting Franchise Agreement does include an exhibit specifically related to franchisee information. This exhibit, listed as "EXHIBIT C-5 FRANCHISEE INFORMATION", is one of several exhibits attached to the core Franchise Agreement.
Other exhibits to the 360 Painting Franchise Agreement include items such as defining the territory (Exhibit C-1), personal covenants (Exhibit C-2), agreements for internet websites and telephone listings (Exhibits C-3 and C-4), a guaranty agreement (Exhibit C-6), a general release (Exhibit C-7), an ACH authorization (Exhibit C-8), and a copy of the signed receipt to the Franchise Disclosure Document (Exhibit C-9).
As a prospective franchisee, it is important to carefully review Exhibit C-5 to understand what information 360 Painting requires from its franchisees. This information is likely used for internal record-keeping, communication, and potentially for ensuring compliance with the franchise agreement. Franchisees should also understand how 360 Painting uses and protects this information.