Does the Best Brains FDD include State Addenda to the Disclosure Document as an exhibit?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated May 27, 2025 that included the following Exhibits:
Exhibit A State Administrators and Agents for Service of Process
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Schedule 2-Lease Rider
Schedule 3-ACH Authorization Form
Schedule 4-Initial Inventory Agreement
Schedule 5-State Law Addenda to the Franchise Agreement
Exhibit C Promissory Notes Exhibit D Option Agreement Exhibit E List of Franchisees
Exhibit F List of Former Franchisees
Exhibit G Release
Exhibit H Financial Statements
Exhibit I State Addenda to the Disclosure Document
Exhibit J State Effective Dates
Exhibit K Receipts
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, Exhibit I includes the State Addenda to the Disclosure Document. This exhibit is listed among other exhibits that are part of the disclosure document.
State addenda are crucial for prospective franchisees because they outline specific legal requirements and modifications to the franchise agreement that are mandated by individual states. These addenda ensure that the franchise complies with local laws, which can vary significantly from state to state.
For a potential Best Brains franchisee, reviewing Exhibit I is essential to understand any state-specific obligations, restrictions, or rights that apply to their franchise location. This ensures they are fully aware of the legal landscape governing their investment and operations.