For Chocolate Fish Coffee franchises, which states have addenda included in this disclosure document?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
the last two pages of this disclosure document.
EXHIBIT A
STATE ADDENDA TO DISCLOSURE DOCUMENT
CALIFORNIA ADDENDUM TO DISCLOSURE DOCUMENT
The registration of this franchise does not constitute approval, recommendation, or endorsement by the commissioner by the California Department of Financial Protection and Innovation.
California limited liability companies Code, Section 31125 requires the franchisor to give the franchisee a disclosure document, approved by the Department of Financial Protection and Innovation, 14 days prior to the execution of an agreement or the solicitation of a proposed material modification of an existing agreement.
The California Franchise Investment Law requires that a copy of all proposed agreements relating to the sale of the franchise be delivered together with the offering circular 14 days prior to execution of agreement.
Our website, chocolatefishcoffee.com, has not been reviewed or approved by the California Department of Financial Protection and Innovation.
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, there are addenda for specific states included in the document. These states are California, Maryland, Rhode Island, and Washington. These addenda contain state-specific legal requirements, disclosures, and modifications to the standard franchise agreement to comply with local laws.
For prospective Chocolate Fish Coffee franchisees, these state addenda are crucial because they outline how the franchise agreement is adapted to the laws of their specific state. For example, the California addendum notes that certain waivers of rights are unenforceable under California law. The Washington addendum mentions the Washington Franchise Investment Protection Act and its potential impact on the franchise agreement.
It is important for franchisees to carefully review the addendum for their state of operation with legal counsel. These addenda can affect franchisees' rights, obligations, and the enforceability of certain provisions of the franchise agreement. Understanding these state-specific modifications is essential for ensuring compliance and protecting their investment in a Chocolate Fish Coffee franchise.