What information, besides a signature, is required from the Deck Medic franchisee on the receipt?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Please sign this copy of the receipt, date your signature, and return it to Deck Medic, Inc., 966 Lambrecht Road, Frankfort, Illinois 60423.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, a franchisee must date their signature on the receipt and return it to Deck Medic, Inc. at the provided address. This receipt serves as an acknowledgment that the franchisee has received the Franchise Disclosure Document (FDD).
The FDD is a critical document that summarizes key aspects of the franchise agreement and provides information in plain language. Franchisees are instructed to read the FDD and all related agreements carefully before signing any binding agreement or making any payments to Deck Medic or its affiliates.
The FDD also outlines the franchisee's rights and protections under federal and state laws. It specifies that if Deck Medic does not deliver the FDD on time, or if the document contains false or misleading statements, or material omissions, a violation of federal and state law may have occurred. This should be reported to the Federal Trade Commission and the applicable state administrator.