table_specific

As of this Crisp & Green FDD, are the effective dates for franchises in Hawaii and Illinois known or pending?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

State Effective Date
California See Separate FDD
Hawaii Pending
Illinois Pending
Indiana April 24, 2024, as amended
Maryland See Separate FDD
Michigan April 30, 2024
Minnesota June 12, 2024, as amended
New York See Separate FDD
North Dakota June 17, 2024, as amended
Rhode Island May 11, 2024, as amended
South Dakota April 30, 2024
Virginia June 24, 2024, as amended
Washington See Separate FDD
Wisconsin April 29, 2024, as amended

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, the effective dates for franchise registration in Hawaii and Illinois are listed as "Pending." This means that as of the date of the FDD, Crisp & Green had not yet received final approval to offer and sell franchises in these states. The registration process involves submitting the FDD and other required documents to state authorities for review.

For a potential Crisp & Green franchisee, a "Pending" status indicates that there may be a delay before they can actually start operating a franchise in Hawaii or Illinois. While Crisp & Green may be actively working to obtain registration, the timeline for approval is uncertain and depends on the state's review process. It is important to note that until the registration is effective, Crisp & Green cannot legally offer or sell franchises in these states.

Prospective franchisees interested in opening a Crisp & Green location in Hawaii or Illinois should closely monitor the registration status and communicate with the franchisor for updates on the expected approval timeline. They should also be aware that the requirements and regulations in these states may necessitate specific addenda or modifications to the standard franchise agreement, as highlighted in other sections of the FDD.

Disclaimer: This information is extracted from the 2024 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.