To whom does the Illinois State Disclosure Addendum apply regarding a Big O Tires franchise?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
ILLINOIS STATE DISCLOSURE ADDENDUM
The following information applies to prospective Franchisees to whom the Illinois Franchise Disclosure Act of 1987, ILCS, Chapter 815, Sections 705/1-705/44 applies.
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to the 2025 Big O Tires Franchise Disclosure Document, the Illinois State Disclosure Addendum applies to prospective franchisees to whom the Illinois Franchise Disclosure Act of 1987 applies. Specifically, this refers to ILCS, Chapter 815, Sections 705/1-705/44.
This means that if the offer or sale of a Big O Tires franchise is subject to Illinois franchise law, the Illinois state disclosure addendum is applicable. However, if the offer or sale is not subject to Illinois franchise law, the addendum does not apply.
This addendum provides additional information regarding franchise activities that are subject to the franchise laws of Illinois. It is important for prospective franchisees in Illinois to carefully review this addendum to understand their rights and obligations under Illinois law.