What exhibits should be included in the Casiola Disclosure Document?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchise Disclosure Document Exhibit J – Receipts
Casiola Franchise LLC
RECEIPT
This Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all the agreements carefully.
If Casiola Franchise LLC offers you a franchise, we must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, us or an affiliate of ours in connection with the proposed franchise sale.
New York and Rhode Island require that we give you this document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreements or the payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this Disclosure Document at least 10 business days before the signing of any binding franchise or other agreement, or the payment of any consideration, whichever occurs first.
If Casiola Franchise LLC does not deliver this Disclosure Document on time of 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 applicable state administrator identified in Exhibit A of this Disclosure Document. We authorize the respective state agencies identified in Exhibit B of this Disclosure Document to receive service of process for us in the particular state.
The Issuance Date of this Disclosure Document is: April 25, 2024
The franchise sellers for this offering are:
Franchise Disclosure Document Exhibit F – List of Franchisees
There are no franchisees to report.
Franchise Disclosure Document Exhibit G – List of Franchisees that Have Left the System
There are no franchisees to report.
Franchise Disclosure Document Exhibit H – State Specific Addenda
California FDD Amendment
Amendments to the Casiola Franchise Disclosure Document
The registration of this franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner.
Hawaii FDD Amendment
Amendments to the Casiola Franchise Disclosure Document
Exhibit J "FDD Receipts," is supplemented with the addition of the following:
The Receipt for this Disclosure Document (Exhibit "J") is supplemented to add the following:
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- THIS FRANCHISE WILL BE/HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII. FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
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- THE FRANCHISE INVESTMENT LAW MAKES IT UNLAWFUL TO OFFER OR SELL ANY FRANCHISE IN THIS STATE WITHOUT FIRST PROVIDING TO THE PROSPECTIVE FRANCHISEE, OR SUBFRANCHISOR, AT LEAST SEVEN DAYS BEFORE THE EXECUTION BY THE PROSPECTIVE FRANCHISEE, OF ANY BINDING FRANCHISE OR OTHER AGREEMENT, OR AT LEAST SEVEN DAYS BEFORE THE PAYMENT OF ANY CONSIDERATION BY THE FRANCHISEE, 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.
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- THIS DISCLOSURE DOCUMENT CONTAINS A SUMMARY ONLY OF CERTAIN MATERIAL PROVISIONS OF THE FRANCHISE AGREEMENT AND 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.
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- NO STATEMENT, QUESTIONNAIRE OR ACKNOWLEDGEMENT SIGNED OR AGREED TO BY A FRANCHISEE IN CONNECTION WITH THE COMMENCEMENT OF THE FRANCHISE RELATIONSHIP SHALL HAVE THE EFFECT OF: (I) WAITING ANY CLAIMS UNDER ANY APPLICABLE STATE FRANCHISE LAW, INCLUDING FRAUD IN THE INDUCEMENT, OR (II) DISCLAIMING RELIANCE ON ANY STATEMENT MADE BY ANY FRANCHISOR, FRANCHISE SELLER, OR OTHER PERSON ACTING ON BEHALF OF THE FRANCHISOR. THIS PROVISION SUPERSEDES ANY OTHER TERM OF ANY DOCUMENT EXECUTED IN CONNECTION WITH THE FRANCHISE.
Illinois FDD Amendment
Amendments to the Casiola Franchise Disclosure Document
DISCLOSURE REQUIRED BY THE STATE OF ILLINOIS
Illinois law governs the Franchise Agreement.
In conformance with Section 4 of the Illinois Franchise Disclosure Act, any provision in a franchise agreement that designates jurisdiction and venue in a forum outside of the State of Illinois is void. However, a franchise agreement may provide for arbitration to take place outside of Illinois.
Franchise Disclosure Document Exhibit–A - State Administrators
List of State Administrators
California
Department of Financial Protection and Innovation 320 West 4th Street, Suite 750 Los Angeles, CA 90013
2101 Arena Boulevard Sacramento, CA 95834 866-275-2677
Connecticut
Connecticut Banking Commissioner Department of Banking Securities & Business Investments Division 260 Constitution Plaza Hartford, CT 06103
Florida
Division of Consumer Services Attn: Business Opportunities 2005 Apalachee Parkway Tallahassee, FL 32399
Hawaii
Commissioner of Securities Department of Commerce & Consumer Affairs Business Registration Division 335 Merchant Street, Room 203 Honolulu, HI 96813
Illinois
Office of the Attorney General Franchise Bureau 500 South Second Street Springfield, IL 62706
Indiana
Indiana Secretary of State Indiana Securities Division Franchise Section 302 W. Washington Street, Room E-111 Indianapolis, IN 46204
Kentucky
Office of the Attorney General Consumer Protection Division Attn: Business Opportunity 1024 Capital Center Drive Frankfort, KY 40601
Maine
Department of Professional and Financial Regulations Bureau of Banking Securities Division 121 Statehouse Station Augusta, ME 04333
Maryland
Office of the Attorney General Securities Division 200 St. Paul Place Baltimore, MD 21202
Michigan
Franchise Disclosure Document Exhibit D – Financial Statements
Metwally CPA PLLC CERTIFIED PUBLIC ACCOUNTANT
1312 Norwood Dr STE 100, Bedford, Texas 76022 Cell: 214-200-5434 Mmetwally@metwallycpa.com
CONSENT
Metwally CPA PLLC consents to the use in the Franchise Disclosure Document issued by Casiola Franchise, LLC ("Franchisor") on April 25, 2024, as it may be amended, of our report dated March 18, 2024, relating to the financial statements of Franchisor for the year ending December 31, 2023.
Metwally CPA PLLC Metwally CPA PLLC April 25, 2024
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to the 2024 Casiola Franchise Disclosure Document, several exhibits are included. These exhibits provide additional information and disclosures related to various aspects of the franchise offering. Specifically, Exhibit A contains a list of state administrators, which is important for franchisees to know for regulatory and compliance purposes. Exhibit F includes a list of franchisees, while Exhibit G lists franchisees that have left the system, offering insights into franchisee turnover. Exhibit J provides receipts related to the FDD. Exhibit D contains the financial statements. Amendments specific to certain states like California, Hawaii, Illinois, Connecticut, and New York are also included, indicating that Casiola operates in multiple states and complies with their individual franchise laws.
These exhibits are crucial for prospective franchisees as they offer a more detailed understanding of the franchise system. The state-specific addenda, for example, highlight any variations in legal requirements or franchisee rights depending on the state in which the franchise will operate. The financial statements in Exhibit D provide an overview of Casiola's financial health, which is a key factor in assessing the stability and potential of the franchise. The lists of current and former franchisees can offer valuable insights into franchisee satisfaction and the overall success rate within the Casiola system.
Furthermore, the inclusion of receipts in Exhibit J ensures that franchisees acknowledge their receipt of the FDD, which is a legal requirement designed to protect franchisees by ensuring they have access to all necessary information before making a financial commitment. Overall, these exhibits collectively contribute to a comprehensive disclosure, enabling potential franchisees to make informed decisions about investing in a Casiola franchise. The FDD also mentions Exhibits 1 and 2, which are the Franchise Owner Agreement and Guaranty and the Confidentiality Agreement, respectively, although these are in reference to specific clauses within the franchise agreement rather than standalone exhibits.