In which states is the Better Blend franchise registration currently effective or an offering circular on file?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
SEE, OR SUBFRANCHISOR, WHICHEVER OCCURS FIRST, A COPY OF THE DISCLOSURE DOCUMENT, TOGETHER WITH A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE.**
THIS DISCLOSURE DOCUMENT CONTAINS A SUMMARY ONLY OF CERTAIN MATERIAL PROVISIONS OF THE FRANCHISE AGREEMENT. THE CONTRACT OR AGREEMENT SHOULD BE REFERRED TO FOR A STATEMENT OF ALL RIGHTS, CONDITIONS, RESTRICTIONS AND OBLIGATIONS OF BOTH THE FRANCHISOR AND THE FRANCHISEE.
Registered agent in the state authorized to receive service of process:
Commissioner of Securities 335 Merchant Street Honolulu, Hawaii 96813
Registration of franchises or filings of offering circulars in other states. As of the date of filing of this Addendum in the State of Hawaii:
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- A franchise registration is effective or an offering circular is on file in the following states: ___________________
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- A proposed registration or filing is or will be shortly on file in the following states: _____________________________
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- No states have refused, by order or otherwise to register these franchises.
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- No states have revoked or suspended the right to offer these franchises.
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- The proposed registration of these franchises has not been withdrawn in any state.
Source: Item 23 — RECEIPTS (FDD pages 43–157)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, certain states require franchise registration or filing of an offering circular. As of the filing date of the addendum in Hawaii, the specific states where a franchise registration is effective or an offering circular is on file are not listed, as indicated by blank spaces in the document. Similarly, the states where a proposed registration or filing is or will shortly be on file are also not specified.
However, the FDD does state that the following states have franchise laws requiring registration or filing of the Franchise Disclosure Document, or exemption from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. The document is effective and may be used in these states as of the effective date stated in the document.
Prospective Better Blend franchisees should confirm with the franchisor which states the franchise is currently registered in or has an offering circular on file. This information is crucial for understanding where Better Blend is authorized to offer franchises and where the franchisee can legally operate. Franchisees should also verify if any states have refused or revoked the right to offer these franchises, or if any proposed registrations have been withdrawn, to fully assess the regulatory standing of the Better Blend franchise opportunity.