factual

What is the issuance date of the Closet Storage Concepts Franchise Disclosure Document?

Closet_Storage_Concepts Franchise · 2025 FDD

Answer from 2025 FDD Document

Issuance Date: April 17, 2025 (Effective dates of this Disclosure Document in states requiring registration can be found on the State Effective Date page).

Source: Item 23 — RECEIPTS (FDD pages 59–238)

What This Means (2025 FDD)

According to Closet Storage Concepts's 2025 Franchise Disclosure Document, the issuance date is April 17, 2025. This date is important because it signifies when the document was finalized and made available to prospective franchisees. The FDD also notes that the effective dates of the document in states requiring registration can be found on the State Effective Date page.

Closet Storage Concepts must provide this Disclosure Document to a prospective franchisee at least 14 calendar days before they sign a binding agreement or make any payment related to the franchise. Certain states like New York, Iowa, and Michigan have specific regulations regarding when the FDD must be provided, with timelines linked to the first personal meeting or execution of agreements.

It is important for prospective Closet Storage Concepts franchisees to note the issuance date and ensure they receive the FDD within the legally mandated timeframe before making any commitments. This allows sufficient time to review the document and seek professional advice, ensuring informed decision-making. The franchisee also needs to be aware of the state-specific effective dates, as these could impact the franchise agreement's enforceability.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.