Does the 360 Painting Franchise Disclosure Document contain the franchise and related agreements?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated April 28, 2025, that included the following exhibits:
(A) List of State Administrators and Agents for Service of Process; (B) Financial Statements and Guarantees of Performance; (C) Franchise Agreement and Franchise Agreement Exhibits; (D) Brand Standards Manual Table of Contents; (E) List of Current Franchisees; (F) List of Franchisees Who Have Left The System; (G) Franchise Compliance Questionnaire; and (H) State-Specific Addenda.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 42–46)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, the document includes the franchise agreement and related exhibits. Specifically, Exhibit C to the disclosure document contains the Franchise Agreement and Franchise Agreement Exhibits. Prospective franchisees should carefully review these agreements, as they outline the terms and conditions of the franchise relationship.
It is standard practice for FDDs to include the franchise agreement. This allows potential franchisees to fully understand their obligations, the franchisor's responsibilities, and the legal framework governing the franchise. The inclusion of the franchise agreement as an exhibit ensures transparency and enables franchisees to make informed decisions.
However, prospective franchisees should also be aware of state-specific addenda, such as those for California, Indiana, Maryland, New York, and Washington, which may modify or supersede certain provisions of the standard franchise agreement. These addenda are included as Exhibit H. It is important to review these addenda carefully to understand how state laws may affect the franchise agreement in your specific location. For example, the Indiana addendum specifies that Indiana law governs the agreement for Indiana franchisees, regardless of what the standard agreement says.