What information is included for terminated Better Blend franchisees in Exhibit H?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
nd telephone number of each of their outlets.
Former Franchisees
Exhibit H contains the name, city and state, and current business telephone number, or if unknown, the last known home telephone number of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during the most recently completed fiscal year or who have not communicated with us within 10 weeks of the disclosure do
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, Exhibit H contains information on former franchisees. Specifically, it includes the name, city, and state of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during the most recently completed fiscal year.
In addition to the location information, Exhibit H also lists the current business telephone number of the former franchisee, if known. If the current business telephone number is unknown, the exhibit includes the last known home telephone number. This information is also included for franchisees who have not communicated with Better Blend within 10 weeks of the disclosure document issuance date.
The FDD indicates that for the 2023 fiscal year, there were no former franchisees to list. This means that no Better Blend franchisees had outlets terminated, canceled, not renewed, or ceased business during that period, nor had any franchisees failed to communicate with Better Blend within the specified timeframe.