Does the Aplus FDD include a list of former franchisees?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| A. APLUS Franchise Agreement with Attachments | G. Manual Table of Contents |
|---|---|
| B. Development Agreement | H. Financial Statements |
| C. List of Current and Former Franchisees | I. State Specific Addenda |
| D. List of State Administrators | J. State Effective Dates |
| E. List of Agents for Service of Process | K. Receipt |
| F. Franchise Disclosure Questionnaire |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to the 2024 Aplus Franchise Disclosure Document, Item 22, "Contracts", includes a list of current and former franchisees. This list is included as part of the exhibits to the disclosure document.
As a prospective franchisee, reviewing the list of former franchisees is crucial. It allows you to understand the turnover rate and potentially contact former franchisees to learn about their experiences with Aplus. This information can provide valuable insights into the challenges and opportunities within the Aplus franchise system.
It is important to note that the FDD also includes a list of franchisees with a signed franchise agreement but whose outlets are not yet open. This list can give you an idea of the growth and expansion plans of Aplus, as well as the number of new franchisees entering the system. Reviewing both lists can provide a more comprehensive understanding of the Aplus franchise network.