What is the document described in this section for All States M.E.D.?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If All States M.E.D. Franchising, LLC offers you a franchise, it must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Iowa requires that we give you this Disclosure Document at the earlier of the first personal meeting or 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Michigan requires that we give you this Disclosure Document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If All States M.E.D. Franchising, LLC does not deliver this 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 Administrator listed in Exhibit A.
The franchisor is All States M.E.D. Franchising, LLC, located at 6157 NW 167th Street, Suite F15, Miami Lakes, FL 33015. Its telephone number is 877-255-1699
Issuance Date: April 26, 2024
Source: Item 23 — RECEIPTS (FDD pages 44–174)
What This Means (2024 FDD)
According to the 2024 All States M.E.D. Franchise Disclosure Document, the document described within Item 23, Receipts, is the Disclosure Document itself. The receipt serves as an acknowledgment that All States M.E.D. provided the Disclosure Document, which summarizes the Franchise Agreement's provisions and other relevant information.
All States M.E.D. must provide this document to prospective franchisees at least 14 calendar days before they sign any binding agreement or make any payment to All States M.E.D. or its affiliates. However, specific states like Iowa, Michigan, and New York have their own regulations regarding the timing of the Disclosure Document delivery, which may require earlier disclosure, such as at the first personal meeting or 10 business days before signing any agreement or making a payment.
If All States M.E.D. fails to deliver the Disclosure Document on time, or if the document contains false, misleading, or omits material information, it may constitute a violation of federal and state laws. In such cases, the franchisee can report this to the Federal Trade Commission and the State Administrator listed in Exhibit A of the Disclosure Document.
The issuance date of this document is April 26, 2024, and it provides contact information for All States M.E.D. Franchising, LLC, including their address and telephone number. Prospective franchisees should carefully read the Disclosure Document and all related agreements to fully understand the terms and conditions of the franchise opportunity.