As of the effective date of this Craters & Freighters FDD, what states have pending effective dates?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Effective Date |
|---|---|
| California | Pending |
| Michigan | Pending |
| Minnesota | Pending |
| New York | Pending |
| Rhode Island | Pending |
| Virginia | Pending |
| Washington | Pending |
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, several states have pending effective dates as of the issuance date of the FDD. These states include California, Michigan, Minnesota, New York, Rhode Island, Virginia, and Washington.
For a prospective franchisee, this means that Craters & Freighters is in the process of registering or filing its franchise offering in these states. Until the franchise offering is declared effective by the respective state authorities, Craters & Freighters cannot legally offer or sell franchises in those states. This could potentially delay the process of opening a Craters & Freighters franchise in one of these states.
It is important for potential franchisees to be aware of the franchise registration and filing requirements in their state, as these regulations are designed to protect franchisees by ensuring they receive adequate information about the franchise opportunity before making a significant investment. Franchisees should confirm the current status of franchise registration with Craters & Freighters and the relevant state authorities before proceeding with the franchise purchase.