Besides the franchisor, who else's signature is required on the Alloy franchised outlets data?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Prospective Franchisee's Copy
Please sign this copy of the receipt and date your signature. KEEP THIS COPY FOR YOUR RECORDS.
RECEIPT
Except as noted below, if Alloy Personal Training, LLC offers you a franchise, we must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, us or an affiliate in connection with the proposed franchise sale.
Iowa and New York law require that Alloy Personal Training, LLC give you this Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of any franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
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.
If Alloy Personal Training, 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 law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
The name, principal business address and telephone number of the franchise seller for this offering
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
Based on the 2025 FDD, the excerpts provided do not specify any requirement for a signature, besides that of Alloy Personal Training, LLC, on the franchised outlets data. The excerpts focus on receipts, state addenda, and franchise agreement details, but do not include information about who must sign off on the franchised outlets data. The FDD includes information on receipts, franchise agreements, and state-specific addenda for franchisees in states such as California, Virginia, and Minnesota. These addenda address specific legal requirements and modifications to the standard franchise agreement to comply with state laws. For example, the Virginia addendum discusses deferring initial franchise fee payments until pre-opening obligations are met, while the Minnesota addendum covers aspects like trademark infringement defense and termination rights. These addenda require signatures from both Alloy Personal Training, LLC, and the franchisee to acknowledge understanding and agreement to the modified terms. The FDD also includes a receipt acknowledgment that the prospective franchisee must sign, confirming they received the Franchise Disclosure Document within the legally mandated timeframe. This receipt serves as proof that Alloy complied with disclosure requirements, but it does not relate to the validation of franchised outlet data. The FDD also contains a questionnaire for prospective franchisees to confirm their understanding of various aspects of the franchise, such as the scope of the franchise rights, the risks involved, and the importance of conducting their own independent investigation. However, this questionnaire does not involve the validation or signing off on franchised outlet data. To gain clarity on who else, if anyone, is required to sign off on Alloy's franchised outlets data, a prospective franchisee should directly ask the franchisor for specific details about the data validation process and any required signatures beyond those of Alloy Personal Training, LLC.