What is the effective date for the City Publications Franchise Disclosure Document in New York?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
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 City Publications Franchise Group, Inc. offers you a franchise, it must provide this disclosure document to you at least 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 state law requires a franchisor to provide the franchise disclosure document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If City Publications Franchise Group Inc. 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 and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed on Exhibit A.
Issuance Date April 20, 2025.
See Exhibit B for our registered agents authorized to receive service of process.
Richard Houden and Nives Stanetti serve as our franchise sellers and can be reached at (770) 951-0048, at 1300 Parkwood Circle, Suite 100, Atlanta, Georgia 30339.
I have received a disclosure document dated April 20, 2025. This disclosure document included the following exhibits:
- a. List of state administrators
- b. List of state agents for service of process
- c. Franchise agreement
- d. Table of contents of operating manual
- e. Financial statements
- f. List of franchisees
- g. Franchisee disclosure questionnaire
- h. Multi-state addenda
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to the 2025 City Publications Franchise Disclosure Document, the document's issuance date is April 20, 2025. This date is relevant to New York franchisees because New York state law mandates that City Publications provide the Franchise Disclosure Document (FDD) to prospective franchisees at the earlier of either the first personal meeting or 10 business days before the execution of any franchise agreement or payment related to the franchise.
This means that a potential City Publications franchisee in New York must receive the FDD at least 10 business days before signing any agreement or making any payment. The issuance date of April 20, 2025, is the starting point for calculating this mandatory review period. The FDD also states that if City Publications does not deliver the disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission and the state agency listed on Exhibit A.
Furthermore, the New York-specific addendum in Exhibit H provides additional information for prospective franchisees. It states that information comparing franchisors is available by calling the state administrators listed in Exhibit A or by contacting the public library for resources or information. The addendum also clarifies that registration of the franchise by New York State does not mean that New York State recommends it or has verified the information in the FDD. It also states that the franchisor may negotiate with you about items covered in the franchise disclosure document, but cannot use the negotiating process to prevail upon a prospective franchisee to accept terms which are less favorable than those set forth in this franchise disclosure document.
Therefore, a prospective franchisee in New York should verify that they receive the 2025 FDD, dated April 20, 2025, at least 10 business days before signing any agreements or making payments to City Publications. They should also review Exhibit A and contact the state administrators or public library for additional information to compare franchisors. They should also contact the Federal Trade Commission and the appropriate state or provincial authority if they learn anything in the franchise disclosure document is untrue.