What is the significance of the 'STATE OF GLOVAIA' heading in the Alloy FDD receipts section?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE OF GLOVAIA | ) | |
|---|---|---|
| COUNTY OF FULTON |
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
Based on the 2025 Alloy Franchise Disclosure Document, the heading 'STATE OF GLOVAIA' appearing in the receipts section seems to be a typographical error. It is likely meant to indicate the location where the document is being signed and notarized, which in this case is Fulton County. This is a standard legal practice to verify the location of the signatory when executing legal documents.
Given that Alloy Personal Training, LLC was formed in Georgia, and its principal business address is in Roswell, Georgia, it is logical for legal documents to be executed and notarized in a Georgia county. However, the incorrect 'STATE OF GLOVAIA' suggests a possible error in the document preparation or template.
Prospective franchisees should note such discrepancies and bring them to the attention of Alloy's legal team for clarification. While seemingly minor, such errors can sometimes indicate a lack of attention to detail, which could be a concern in a legal document as important as the Franchise Disclosure Document.