What information must an Alloy developer furnish along with the franchise application?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
You must furnish to us, at least 60 days prior to the earlier of (i) the date set forth in the Development Schedule by which you must execute a Franchise Agreement or (ii) the actual date on which the Franchise Agreement would be executed, a franchise application for the proposed Facility, financial statements and other information regarding you, the operation of any of your other Facilities within the Development Territory and the development and operation of the proposed Facility (including, without limitation, investment and financing plans for the proposed Facility) as we may reasonably require.
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, a prospective developer must furnish several items to Alloy at least 60 days before the earlier of either the date in the Development Schedule for executing a Franchise Agreement, or the actual date the Franchise Agreement would be executed. These items include a franchise application for the proposed facility, financial statements, and other information regarding the developer.
This other information pertains to the developer, the operation of any other facilities within the Development Territory, and the development and operation of the proposed facility. This includes, without limitation, investment and financing plans for the proposed facility.
In essence, Alloy requires this information to assess the franchisee's financial capabilities and plans for developing and operating the franchise. This allows Alloy to ensure that the franchisee meets their standards and has a viable plan for success. This requirement is in place to protect the Alloy brand and the interests of all franchisees by ensuring that new locations are well-funded and properly managed.