For Craters & Freighters, to whom does the State Addendum apply?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| The following modifications are to the Franchise Disclosure Document of Craters & Freighters | |
|---|---|
| Franchise Company and may supersede, to the extent then required by valid applicable state law, certain | |
| portions of the Franchise Agreement dated, 20 | |
| The provisions of this State Law Addendum to the Franchise Disclosure Document and Franchise | |
| Agreement ("State Addendum") apply only to those persons residing or operating Craters & Freighters |
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, the State Addendum applies specifically to individuals who either reside or operate a Craters & Freighters franchise within a particular state. These addenda are designed to modify the standard Franchise Disclosure Document and Franchise Agreement to comply with specific state laws.
The State Addendum ensures that the franchise agreement adheres to the legal requirements of the state where the franchisee is located. This can cover a range of issues, such as franchise law, waivers, disclaimers, and termination clauses. For example, the Virginia addendum specifies that no statement signed by the franchisee can waive claims under state franchise law. Similarly, the Washington addendum states that the Washington Franchise Investment Protection Act may supersede the franchise agreement in areas like termination and renewal.
For a prospective Craters & Freighters franchisee, it is crucial to carefully review the State Addendum applicable to their state of residence or operation. These addenda can significantly alter the terms of the franchise agreement, providing additional protections or imposing specific obligations based on local laws. Understanding these state-specific modifications is essential for making an informed decision about investing in a Craters & Freighters franchise.