Does the Best Brains FDD include State Effective Dates as an exhibit?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
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)
Yes, according to the 2025 Best Brains Franchise Disclosure Document, Exhibit J includes State Effective Dates.
Item 22 of the FDD lists all contracts and agreements associated with the franchise offering. This item includes a list of exhibits that are part of the disclosure document. These exhibits provide franchisees with more information about the franchise agreement, including state-specific information.
Prospective franchisees should review Exhibit J to understand the specific dates the franchise offering is effective in their state. This information is crucial for ensuring compliance with state franchise laws and regulations. Franchisees should also consult with a legal professional to ensure they understand the implications of these dates and how they affect their franchise agreement.