Does the Azal Coffee FDD include a list of franchisees that have left the system?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| State Cover Page Notice under Michigan Franchise Inv. Law | F | List of Azal Coffee Franchisees | |
|---|---|---|---|
| A | List of State Administrators and List of Agents for Service of Process | G | List of Franchisees That Have Left the System |
| B | Franchise Agreement | H | Financial Statements |
| C | Renewal Addendum | I | State Specific Disclosures and Addenda |
| D1 | Transfer Addendum | J | State Effective Dates |
| D2 | Franchise Termination and Release Agreement | K | Receipt (2 Copies) |
| E | Confidentiality/Non-Competition Agreement |
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
According to the 2024 Azal Coffee Franchise Disclosure Document, Item 23, which covers receipts, includes a reference to a list of franchisees that have left the system. Specifically, the table outlining the contents of the receipt includes an entry for "List of Franchisees That Have Left the System." This indicates that the FDD provides a list of former Azal Coffee franchisees.
For a prospective franchisee, this list is a valuable resource. It allows them to contact former franchisees to understand their experiences with the Azal Coffee franchise system. This can provide insights into the challenges and opportunities within the system, the level of support provided by the franchisor, and the overall profitability of the business.
It is important to note that the FDD only indicates the presence of such a list. The FDD does not specify the format of the list, the information included for each former franchisee (e.g., contact information, dates of operation, reason for leaving), or the number of franchisees included on the list. A prospective franchisee should carefully review this list and consider contacting several former franchisees to gather a comprehensive understanding of their experiences.