For Chocolate Fish Coffee franchises in Ohio, what does the disclosure document contain?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
RECEIPT
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Chocolate Fish Franchising, LLC offers you a franchise, it must provide this disclosure document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. New York requires that you be given this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of any franchise or other agreement, or payment of any consideration that relates to the franchise relationship.
If Chocolate Fish Franchising, 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 any applicable state agency (which are listed in Exhibit A).
The name, principal business address, and telephone number of each franchise seller offering the franchise is:
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, the excerpt provided does not contain specific information regarding state addenda or modifications for Chocolate Fish Coffee franchises in Ohio. However, the document does state that other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans. The FDD also mentions that a list of applicable state agencies is available in Exhibit A. Prospective franchisees in Ohio should consult Exhibit A of the FDD to identify the relevant state agency and understand any specific requirements or regulations for franchising in Ohio.
The disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. It is designed to provide potential franchisees with essential information to make an informed decision. The document states that Chocolate Fish Franchising must provide the disclosure document to you 14 calendar days before you sign a binding agreement or make a payment. New York requires that you be given this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of any franchise or other agreement, or payment of any consideration that relates to the franchise relationship.
The FDD also indicates that if Chocolate Fish Franchising does not deliver the disclosure document on time, or if it contains false or misleading statements or material omissions, it could be a violation of federal and state laws. Such violations should be reported to the Federal Trade Commission and any applicable state agency, which are listed in Exhibit A. Therefore, it is crucial for prospective franchisees in Ohio to carefully review the entire FDD, including all exhibits, and seek legal counsel to ensure full compliance with Ohio state laws and regulations before investing in a Chocolate Fish Coffee franchise.