What is the significance of Exhibit F in relation to City Publications franchisee information?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F contains a list of our Franchisees.
Exhibit F also lists the name, city and state, and the current business telephone number (or, if unknown, the last known home telephone number) of every franchisee who had an outlet terminated, canceled, not renewed or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during our most recently completed fiscal year or who has not communicated with us within 10 weeks of the issuance date of this Disclosure Document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
During the last three fiscal years, we have not signed any confidentiality clauses with any current or former franchisees which would in any way restrict their ability to speak with you openly about their experience with City Publications.
There are no trademark specific franchisee organizations associated with the franchise system, nor are there any independent franchisee organizations that have asked to be included in this disclosure document.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION Systemwide Outlet Summary For years 2022 to 2024 (FDD pages 32–38)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, Exhibit F contains a list of current and former franchisees. This exhibit is significant for prospective franchisees as it provides contact information for current franchisees, allowing them to gain insights into the day-to-day operations, challenges, and successes of running a City Publications franchise.
Exhibit F also includes the names, cities, states, and telephone numbers of franchisees who have terminated, canceled, not renewed, or otherwise ceased doing business with City Publications during the most recent fiscal year, or those who haven't communicated with City Publications within 10 weeks of the FDD's issuance date. This information is valuable because it allows potential franchisees to understand the reasons behind franchise terminations or non-renewals, offering a balanced perspective on the franchise system. It is important to note that if a franchisee buys a City Publications franchise, their contact information may be disclosed to other potential buyers when they leave the franchise system.
The FDD states that City Publications has not signed any confidentiality clauses with current or former franchisees that would restrict their ability to speak openly about their experiences. This lack of confidentiality agreements is beneficial for prospective franchisees, as it suggests they can have candid conversations with current and former franchisees without concerns about legal restrictions on sharing information. This transparency can aid in making a more informed investment decision. There are no trademark specific franchisee organizations associated with the City Publications franchise system, nor are there any independent franchisee organizations that have asked to be included in the disclosure document.