What specific franchisee information is contained in Exhibit H of the Better Blend FDD?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| Ohio | 1 | 1 | 0 | | Totals | 5 | 5 | 0 |
Current Franchisees
Exhibit H contains the names of all current franchisees (as of the end of our last fiscal year) and the address and 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 th
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 both current and former franchisees. For current franchisees, the exhibit lists the names of all current franchisees as of the end of the last fiscal year, along with the address and telephone number of each of their outlets.
For former franchisees, Exhibit H includes the name, city, and state. It also provides either the current business telephone number or, if that's not available, the last known home telephone number. This information pertains to franchisees who had an outlet terminated, canceled, not renewed, or otherwise ceased operations under the franchise agreement during the most recently completed fiscal year. It also includes franchisees who have not communicated with Better Blend within 10 weeks of the disclosure document issuance date.
This information is valuable for prospective franchisees as it allows them to contact current and former franchisees to gain insights into the Better Blend franchise system. Speaking with current franchisees can provide a sense of the day-to-day operations and support provided by the franchisor. Contacting former franchisees can offer a perspective on why they left the system, which can be crucial in making an informed decision.