Under the Franchise Investment Law of Hawaii, does the filing of the Casiola franchise constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs?

According to Casiola's 2024 Franchise Disclosure Document, the filing of the franchise under the Franchise Investment Law of Hawaii does not constitute approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. It also does not represent a finding by the Director that the information provided in the FDD is true, complete, and not misleading. This disclaimer is included as a supplement to the Receipt for the Disclosure Document in Exhibit J.

This statement is a standard disclosure required by Hawaii franchise law. It ensures that prospective franchisees understand that the state's review of the franchise offering is for compliance purposes only and does not guarantee the success or legitimacy of the franchise. Franchisees must conduct their own due diligence to assess the risks and benefits of investing in a Casiola franchise.

It is important for potential Casiola franchisees in Hawaii to understand that the state's filing requirement is not an endorsement of the franchise opportunity. They should carefully review the FDD, seek legal and financial advice, and thoroughly research the Casiola franchise before making any investment decisions. This disclosure highlights the importance of independent evaluation and risk assessment in the franchise investment process.