To whom should violations regarding the Bft Franchise SPV, LLC disclosure document be reported?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
If BFT Franchise SPV, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit B.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, if Bft does not deliver the disclosure document on time, or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred. In such cases, the violation should be reported to the Federal Trade Commission (FTC) in Washington, D.C. 20580, and to the appropriate state agency. The specific state agency to contact is identified in Exhibit B of the FDD.
This instruction is included in both the 'Receipt (Your Copy)' and 'Receipt (Our Copy)' sections of the FDD, emphasizing its importance. Prospective franchisees should carefully review the disclosure document for any inaccuracies or omissions and be aware of their right to report any potential violations.
Exhibit B, as referenced in the disclosure, contains a list of state agents authorized to receive service of process, which would include the appropriate state agency to contact regarding violations. Franchisees should consult this exhibit to ensure they are reporting to the correct entity at the state level.