Does Cordova currently have an advertising council?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
As of the Issuance Date of this Disclosure Document we have not established any local or regional advertising cooperatives but reserve the right to do so in the future; and
- Advertising Council – We have not established an advertising council but reserve the right to do so in the f
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 23–28)
What This Means (2025 FDD)
According to the 2025 FDD, Cordova has not established an advertising council as of the issuance date of the document, but retains the right to do so in the future. This means that currently, franchisees are not required to participate in or contribute to an advertising council. However, Cordova reserves the option to create one later.
If Cordova establishes an advertising council in the future, it is important to note that the FDD does not specify how much franchisees may be required to contribute to the council. The FDD also does not specify how these contributions would be used or managed.
Prospective franchisees should inquire with Cordova about the conditions under which an advertising council might be formed, how it would be governed, and what financial obligations franchisees would have. Understanding these potential future requirements is crucial for making an informed investment decision.