Have any states revoked or suspended the right to offer Bombs Away franchises?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
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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- 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- The proposed registration of these franchises has not been withdrawn in any state.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 36–117)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, as of the date of filing the addendum in Hawaii, no states have revoked or suspended the right to offer these franchises. Additionally, no states have refused, by order or otherwise, to register these franchises, and the proposed registration of these franchises has not been withdrawn in any state.
This information is beneficial for prospective Bombs Away franchisees as it indicates that the company is currently in good standing with state franchise regulators. The absence of revocations, suspensions, refusals, or withdrawals suggests that Bombs Away has maintained compliance with franchise laws and regulations in the states where it is registered or filed.
However, it is important to note that this statement is specific to the date of filing of the addendum in Hawaii. Franchisees should verify with Bombs Away whether there have been any changes since that date. Addenda for other states like California, Illinois, Maryland, New York, North Dakota, Rhode Island, Virginia, and Washington do not contain specific information on franchise revocations or suspensions, but rather focus on items such as franchisee rights, dispute resolution, and compliance with state laws.