What exhibits are included in the All States M.E.D. Franchise Disclosure Document?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
We authorize the respective state agencies identified on Exhibit B to receive service of process for us in the particular state.
I have received a Franchise Disclosure Document dated April 26, 2024 including the following exhibits on the date listed below:
A. List of State Administrators
- B. State Agents for Service of Process
- C. Franchise Agreement
Schedule 1-General Release
Schedule 2-Nondisclosure and Non-Competition Agreement
Schedule 3-Unlimited Guaranty and Assumption of Obligations
Schedule 4-Lease Addendum
Schedule 5-ACH Payment Agreement
Schedule 6-Holders of Legal or Beneficial Interest in Franchisee; Officers; Directors
Schedule 7-State Addenda to the Franchise Agreement
- D. Operations Manual Table of Contents
- E. Area Development Agreement
Appendix A-Development Territory
Appendix B-Development Schedule
Appendix C-Owner's Guaranty and Assumption of Developer's Obligations
Appendix D-List of Principals
Appendix C-State Addenda to the Area Development Agreement
- F. Financial Statements
- G-1 List of Current Franchisees
G-2 List of Former Franchisees
- H. Franchisee Disclosure Questionnaire
- I. State Addenda to the Disclosure Document
- J. State Effective Dates
- K. Receipts
Source: Item 23 — RECEIPTS (FDD pages 44–174)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, several exhibits are included. These exhibits provide additional details and information related to various aspects of the franchise offering. Specifically, Exhibit A contains a list of state administrators, which can be useful for franchisees to contact relevant regulatory bodies. Exhibit B lists state agents for service of process, which is important for legal and official communications. Exhibit C includes the Franchise Agreement, along with several schedules covering topics such as general releases, non-disclosure and non-competition agreements, guarantees, lease addenda, ACH payment agreements, and information on those holding interest in the Franchisee. Exhibit D contains the Operations Manual Table of Contents. Exhibit E includes the Area Development Agreement, along with appendices detailing the development territory, schedule, owner's guaranty, list of principals and state addenda. Exhibit F contains the financial statements for All States M.E.D.. Exhibits G-1 and G-2 provide lists of current and former franchisees, respectively, which can offer insights into the franchise system's performance and turnover. Exhibit H is the Franchisee Disclosure Questionnaire. Exhibit I includes state addenda to the Disclosure Document, addressing specific legal requirements in different states. Exhibit J lists the state effective dates for the franchise offering. Finally, Exhibit K includes receipts, acknowledging the franchisee's receipt of the FDD.
Prospective franchisees should carefully review each of these exhibits to fully understand their rights, obligations, and the terms of the franchise agreement. The state-specific addenda are particularly important, as they can modify or supersede terms in the main agreement to comply with local laws. Understanding the contents of the operations manual is also crucial, as it outlines the standards and procedures All States M.E.D. franchisees must follow.
By providing these exhibits, All States M.E.D. aims to offer a transparent and comprehensive overview of the franchise opportunity, enabling potential franchisees to make informed decisions. Reviewing these documents with legal and financial advisors is a standard practice in franchise due diligence.