What is the issuance date of this Devon Creek Franchise Disclosure Document?
Devon_Creek Franchise · 2024 FDDAnswer from 2024 FDD Document
Issuance Date: April 10, 2024
I received a Disclosure Document dated April 10, 2024, that included the following Exhibits:
EXHIBIT A: List of State Franchise Administrators and Agents for Service of Process
EXHIBIT B: Franchise Agreement EXHIBIT C: Financial Statements
EXHIBIT D: Operations Manual Table of Contents
EXHIBIT E: Franchised Outlets
EXHIBIT F: Acknowledgement Statement
EXHIBIT G: State Addenda EXHIBIT H: Receipts
Source: Item 23 — RECEIPT (FDD pages 45–141)
What This Means (2024 FDD)
According to the 2024 Devon Creek Franchise Disclosure Document, the issuance date is April 10, 2024. This date is important because it marks when the FDD was prepared and made available to prospective franchisees.
Devon Creek franchisees should note that the FDD includes several exhibits, such as Exhibit A (List of State Franchise Administrators and Agents for Service of Process), Exhibit B (Franchise Agreement), Exhibit C (Financial Statements), Exhibit D (Operations Manual Table of Contents), Exhibit E (Franchised Outlets), Exhibit F (Acknowledgement Statement), Exhibit G (State Addenda), and Exhibit H (Receipts). These exhibits provide additional information about the franchise opportunity and should be reviewed carefully.
The issuance date is crucial for compliance with franchise regulations, as it dictates the timeframe within which Devon Creek must provide the FDD to potential franchisees before they sign any binding agreements or make payments. Franchise laws typically require a 14-day review period, although specific requirements may vary by state, such as in New York, which requires the FDD to be received at the earlier of the first personal meeting or 10 business days before signing any agreement or making any payment.