What information is provided for each current Aplus franchisee in the list?
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 |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, Item 22 includes a list of current and former franchisees. However, the document does not specify what information is provided for each franchisee in the list.
Typically, a list of franchisees includes contact information to allow prospective franchisees to conduct their own research and due diligence. This may include the franchisee's name, business address, phone number, and the date they began operating their franchise. This information helps potential franchisees assess the experiences of current and former franchisees.
To fully understand what information Aplus provides about its current and former franchisees, it is recommended that a prospective franchisee ask the franchisor directly for a sample list and inquire about the specific data points included for each franchisee. This will help in making an informed decision about investing in an Aplus franchise.