What is the issuance date of the 7 Brew disclosure document?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is Brew Culture Franchise, LLC, located at 2710 S. 48th Street, Springdale, Arkansas 72762, (479) 358-9274.
Issuance date: May 28, 2025
Source: Item 23 — RECEIPTS (FDD pages 83–279)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the issuance date of the document is May 28, 2025. This date is important because it signifies when the FDD was prepared and certified by 7 Brew, containing all the required information for prospective franchisees. Franchise regulations require that the FDD be current and provided to potential franchisees within a specific timeframe before any binding agreements are signed or payments are made.
The issuance date confirms that the information presented in the FDD is, to the best of 7 Brew's knowledge, accurate as of that date. However, prospective franchisees should understand that business conditions and other factors can change, so it's crucial to conduct thorough due diligence and verify any critical information with 7 Brew before making a final investment decision. Franchisees should also note the exhibits included with the FDD, such as the Franchise Agreement, financial statements, and lists of current and former franchisees, as these provide additional details for evaluation.
Receipt of the FDD, as of its issuance date, starts a review period. Federal law typically requires franchisors to provide the FDD at least 14 calendar days before signing any binding agreement or making any payment. Some states, like Michigan and New York, have similar or slightly different requirements, such as 10 business days prior to signing or payment, or at the first personal meeting, respectively. This "cooling off" period allows potential franchisees to carefully review the document and seek professional advice before committing to the franchise.