What is the issuance date of this Baya Bar Franchise Disclosure Document?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
Issuance Date: April 30, 2024
I received a Disclosure Document dated April 30, 2024 that included the following Exhibits:
EXHIBIT A: List of State Franchise Administrators and Agents for Service of Process
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2024 FDD)
According to the 2024 Baya Bar Franchise Disclosure Document, the issuance date is April 30, 2024. This date is important because it signifies when the FDD was finalized and made available to prospective franchisees.
Franchisors are required to disclose this date to ensure transparency and provide franchisees with the most current information available at the time of their investment decision. The FDD includes various exhibits, such as a list of state franchise administrators, franchise agreements, financial statements, and operational manuals.
Prospective franchisees should verify that they receive a copy of the FDD with this issuance date before making any commitments or payments to Baya Bar. Receiving an outdated FDD could mean that critical information is missing or no longer accurate, potentially affecting their investment decision.