Is the All States M.E.D. Franchisee Disclosure Questionnaire used for franchise sales to residents of New York?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT H TO THE DISCLOSURE DOCUMENT FRANCHISEE DISCLOSURE QUESTIONNAIRE
Not to be used as to any franchise sale in or to residents of CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI]
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, the Franchisee Disclosure Questionnaire is not to be used for franchise sales in or to residents of New York, along with several other states. This means that All States M.E.D. franchisees in these listed states will not be required to complete this questionnaire as part of the franchise process.
This exclusion suggests that All States M.E.D. tailors its franchise sales process to comply with specific state regulations. The listed states, including New York, may have laws or requirements that make the standard questionnaire unsuitable or unnecessary.
Prospective franchisees in states where the questionnaire is not used should confirm with All States M.E.D. the reasons for this exclusion and what alternative procedures or documents, if any, will be used in its place to ensure they fully understand their rights and obligations.