As of the effective date of this Beard Papas FDD, is the franchise registration effective in California?

According to the 2025 Beard Papas Franchise Disclosure Document, the franchise offering is registered with the California Department of Financial Protection and Innovation. However, the FDD explicitly states that this registration does not constitute approval, recommendation, or endorsement by the commissioner.

This means that while Beard Papas is authorized to offer franchises in California, prospective franchisees should not interpret the registration as a sign of endorsement or validation by the state. The California Department of Financial Protection and Innovation simply ensures that Beard Papas has met the minimum requirements for offering a franchise within the state.

Therefore, potential Beard Papas franchisees in California must still conduct their own thorough due diligence, including consulting with legal and financial advisors, to assess the risks and benefits of investing in a Beard Papas franchise. The FDD also includes specific addenda for California, highlighting certain state laws that may affect the franchise agreement, such as those related to termination, transfer, non-renewal, and covenants not to compete.