Does the All States M.E.D. FDD specify any geographic areas where the Franchisee Disclosure Questionnaire is required?
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)
According to the 2024 All States M.E.D. Franchise Disclosure Document, Exhibit H is the Franchisee Disclosure Questionnaire. While the document lists the exhibits included in the FDD, it does not specify any particular geographic areas or states where the Franchisee Disclosure Questionnaire is explicitly required.
However, several state-specific addenda are included as exhibits, such as the Illinois, Maryland, North Dakota, and Rhode Island Addenda to the Disclosure Document. These addenda modify certain terms of the standard Franchise Agreement to comply with state laws. For example, the Illinois addendum modifies Item 5 regarding initial fee deferral and clarifies that Illinois law applies to Item 17.w. The North Dakota addendum addresses restrictive covenants, applicable laws, and jurisdiction and venue.
It is important for a prospective All States M.E.D. franchisee to carefully review all exhibits and addenda, especially those specific to the state in which they plan to operate, to understand any modifications or requirements related to questionnaires, acknowledgments, or other aspects of the franchise agreement. Franchisees should consult with legal counsel to ensure full compliance with all applicable state and federal laws.