In Michigan, what items is Beverly Anns Cookie NOT required to compensate a franchisee for upon non-renewal?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
Michigan requires Mobile Cookie Company, LLC to give you this disclosure document at least ten (10) business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
The 2025 Beverly Anns Cookie Franchise Disclosure Document states that Michigan requires Mobile Cookie Company, LLC to provide the disclosure document to prospective franchisees at least ten business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
The FDD also indicates that if Mobile Cookie Company, LLC fails to deliver the disclosure document on time, or if the document contains false or misleading statements or material omissions, it may constitute a violation of federal and state laws. In such cases, franchisees are advised to report these issues to the Federal Trade Commission and the appropriate state agency listed in Exhibit A of the FDD.
However, the provided excerpts from the Beverly Anns Cookie FDD do not contain information regarding specific items for which Beverly Anns Cookie is not required to compensate a franchisee upon non-renewal in Michigan. The document does outline general terms and conditions related to territory rights, renewal requirements, and franchisee obligations, but it does not detail compensation specifics related to non-renewal in Michigan or any other state.