Is the 'PRINCIPAL ACKNOWLEDGMENT' a condition for receiving the Alloy franchise?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Schedule E to the Franchise Agreement
ACKNOWLEDGMENT ADDENDUM TO ALLOY FRANCHISE AGREEMENT
THIS ACKNOWLEDGEMENT ADDENDUM DOES NOT APPLY TO CANDIDATES LOCATED IN OR BUSINESSES TO BE LOCATED IN ANY OF THE FOLLOWING FRANCHISE REGISTRATION STATES: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI.
As you know, you and we are entering into a Franchise Agreement for the operation of an ALLOY franchise. Please review each of the following questions carefully and provide honest responses to each question.
**Acknowledgments and Representations
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to the 2025 Alloy Franchise Disclosure Document, Schedule E to the Franchise Agreement includes an Acknowledgment Addendum. However, this addendum does not apply to candidates or businesses located in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin.
This addendum requires prospective franchisees to review and honestly answer a series of questions, indicating that the completion of this acknowledgment is a condition for receiving the Alloy franchise, at least for franchisees outside the listed states. The specific questions covered in the acknowledgment are not detailed in the provided excerpts.
It is important for potential franchisees to note that this acknowledgment, while a condition for franchising in many states, is not required in all states. Franchisees should carefully review the requirements specific to their state and business location to ensure full compliance with Alloy's franchising process.