Does the All States M.E.D. FDD specify any conditions under which the Franchisee Disclosure Questionnaire may be supplemented?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
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)
The 2024 All States M.E.D. Franchise Disclosure Document includes a Franchisee Disclosure Questionnaire as Exhibit H. However, the document does not specify any conditions under which this questionnaire may be supplemented. The FDD does include addenda for several states, including Illinois, Maryland, North Dakota and New York, that address how certain provisions of the franchise agreement are interpreted or modified under the laws of those states.
Given the absence of specific details about supplementing the Franchisee Disclosure Questionnaire, it is important for potential All States M.E.D. franchisees to seek clarification from the franchisor. Understanding whether and how the questionnaire can be updated or amended is crucial for ensuring transparency and accuracy in the franchise application process.
Prospective franchisees should ask All States M.E.D. directly about the circumstances, if any, under which they might need to provide additional information beyond what is initially requested in the Franchisee Disclosure Questionnaire. This inquiry should cover whether there are specific events, changes in personal circumstances, or regulatory requirements that would trigger the need for supplementary documentation. Additionally, it would be prudent to understand the process for submitting such supplements and how they are integrated into the overall evaluation of the franchise application.