What is the issuance date of the Bb.Q Chicken Franchise Disclosure Document described in this receipt?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: April 25, 2025
I received a Disclosure Document dated April 25, 2025, that included the following Exhibits:
EXHIBIT A – Financial Statements
EXHIBIT B – Franchise Agreement
EXHIBIT C – Multi-Unit Operator Agreement
EXHIBIT D – Franchised Outlets
EXHIBIT E – Operations Manual Table Of Contents
EXHIBIT F – State Specific Addenda
EXHIBIT G – List of State Administrators/Agents for Service of Process
EXHIBIT H – Form of General Release
EXHIBIT I – Items 2, 3, and 4 Disclosures Regarding Area Representatives
EXHIBIT J – Franchisee Acknowledgment Statements
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to the 2025 Bb.Q Chicken Franchise Disclosure Document, the issuance date of the document is April 25, 2025. This date is important because the franchisor, BBDOTQ USA, Inc., must provide the Disclosure Document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make any payment related to the franchise. Certain states, such as New York and Michigan, have their own specific timelines for providing the FDD. New York requires the document at the earlier of the first personal meeting or 10 business days before signing any agreement or making a payment. Michigan requires it at least 10 business days before signing or payment.
This information is crucial for potential Bb.Q Chicken franchisees as it ensures they have sufficient time to review the document and seek professional advice before committing to the franchise. The FDD summarizes key provisions of the Franchise Agreement and other relevant information. If BBDOTQ USA, Inc. fails to deliver the Disclosure Document on time, or if it contains false, misleading, or omits material information, it could be a violation of federal and state laws.
Prospective franchisees who believe there has been a violation should report it to the Federal Trade Commission (FTC) in Washington, DC, and to their state authority, as listed in Exhibit G of the FDD. The receipt also provides the name, address, and phone number of the franchise seller, Hyongbong Kim, for further inquiries. The franchisee should have also received exhibits A through J along with the disclosure document.