Does the Craters & Freighters disclosure document include State Effective Pages and Receipts?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document dated April 11, 2025, that included the following Exhibits:
Exhibit A: List of State Agencies and Agents for Service of Process Exhibit B: Table of Contents of Operations Manuals Exhibit C: List of Current Franchisees Exhibit D: List of Former Franchisees Exhibit E: Financial Statements Exhibit F: Franchise Agreement Exhibit G: State Addendum to the Franchise Disclosure Document and Franchise Agreement Exhibit H: Statement of Franchisee Exhibit I: Form of General Release Exhibit J: State Effective Page and Receipts
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
Yes, according to the 2025 Craters & Freighters Franchise Disclosure Document, Exhibit J includes State Effective Pages and Receipts. Prospective franchisees in states requiring franchise registration or filing need to be aware of these state-specific requirements. These states include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin.
The State Effective Pages outline the dates the Craters & Freighters FDD is effective for use in each of the registered states. This ensures that the franchisee is receiving the most up-to-date and legally compliant information for their specific state.
The inclusion of state-specific addenda and effective dates is a standard practice in franchising, as state laws can vary significantly. Franchisees should carefully review Exhibit J and consult with a legal professional to ensure they understand all applicable state regulations before signing the franchise agreement.