Who has the authority to bind or obligate Afuri Ramen Dumpling in any way?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
. New York and Rhode Island law require delivery at the earlier of the first personal meeting or at least 10 business days, and Michigan and Wisconsin law require delivery at least 10 business days, before signing/paying.
If AFURI FRANCHISE INC. does not deliver this franchise disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and State law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed in Exhibit C.
The name, principal business address, and telephone number of each franchise seller offering the franchise are: Taichi Ishizuki, CEO, and Hiroto Nakamura, Director, AFURI FRANCHISE INC., 923 SE 7th Ave., Portland, Oregon 97214, (971) 386-2945; and Grant MacDonald, Culinary Director, U.S. Operations, AFURI USA, INC. (same address and phone number as above).
Our authorized agents for service of process are identified on Exhibit C to this Franchise Disclosure Document.
Date of Issuance: April 8, 2024 (and effective as of the individual state registration dates reflected on the cover page).
I have received a disclosure document dated as indicated above that included the following Exhibits:
| A. | Financial Statements | G.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, Taichi Ishizuki (CEO), Hiroto Nakamura (Director) of AFURI FRANCHISE INC., and Grant MacDonald (Culinary Director, U.S. Operations) of AFURI USA, INC. are the franchise sellers. Their principal business address is 923 SE 7th Ave., Portland, Oregon 97214, and their phone number is (971) 386-2945. These individuals are authorized to offer the franchise. The document also mentions that authorized agents for service of process are identified on Exhibit C of the Franchise Disclosure Document.
This means that these specific individuals hold the authority to represent Afuri Ramen Dumpling in franchise-related matters. As a prospective franchisee, it is crucial to know who the authorized representatives of the franchisor are, as these are the people you will be dealing with during the franchise sales process. Knowing their roles (CEO, Director, Culinary Director) provides insight into their responsibilities and influence within the company.
Furthermore, the FDD clarifies that if the franchise agreement is to be executed by a corporation, LLC, or partnership, then an officer, owner, or all general partners, respectively, must be authorized to receive the disclosure document on behalf of the business entity. This ensures that the individuals signing the agreement on behalf of a business entity have the authority to do so, adding another layer of legal compliance and clarity to the franchising process.