What is the address for the State Administrator in Minnesota regarding Better Blend?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | State Administrator | Agent for Service of Process (if | |
|---|---|---|---|
| different from State Administrator) | |||
| Minnesota | Minnesota Department of Commerce | Commissioner of Commerce | |
| Securities-Franchise Registration | Minnesota Department of Commerce | ||
| 85 7th Place East, Suite 280 | 85 7th Place East, Suite 280 | ||
| St. Paul, MN 55101-2198 | St. Paul, MN 55101-2198 | ||
| (651) 539-1500 | (651) 539-1500 |
Source: Item 23 — RECEIPTS (FDD pages 43–157)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the State Administrator in Minnesota is the Minnesota Department of Commerce, specifically the Commissioner of Commerce. The address for the State Administrator is 85 7th Place East, Suite 280, St. Paul, MN 55101-2198. The phone number is (651) 539-1500.
This information is important for prospective Better Blend franchisees in Minnesota because it provides them with the contact details of the state agency responsible for franchise regulation. Franchisees can reach out to this agency to report any violations of federal or state law, such as the failure to deliver the disclosure document on time or if it contains false or misleading statements.
It is worth noting that the Minnesota Franchise Act requires franchises to be registered, but registration does not imply endorsement or approval by the Commissioner of Commerce. The Act also mandates that prospective franchisees receive the Franchise Disclosure Document at least 7 days before signing any binding agreement or making any payment. This ensures that franchisees have sufficient time to review the document and seek legal advice if necessary.
Better Blend franchisees should keep these contact details handy and be aware of their rights under Minnesota law. They should also consult with an attorney or financial advisor before signing any franchise agreement to ensure they fully understand their obligations and the risks involved.