Does the Dryject franchise agreement require the prospective franchisee to sign and date the receipt?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT M
RECEIPT
RECEIPT
This Disclosure Document summarizes provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If DryJect Management, LLC offers you a franchise, we must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
New York and Rhode Island require that we give you this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Michigan, Oregon and Wisconsin require that we give you this Disclosure Document at least 10 business days before the execution of any franchise or other agreement or the payment of any consideration, whichever occurs first.
If DryJect Management, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the state agency listed on Exhibit A.
Franchisor: John Paddock, DryJect Management, LLC, 307 Lincoln Avenue, Hatboro, Pennsylvania 19040; Telephone: 215-444-0310 Other Sellers:
Name/Address/Telephone Number
Issuance Date: April 30, 2025
We authorize the agent listed in Exhibit B to receive service of process for us.
I have received a Franchise Disclosure Document dated April 30, 2025. This Disclosure Document included the following Exhibits:
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to the 2025 Dryject Franchise Disclosure Document, Exhibit M includes a receipt that acknowledges the franchisee received the FDD. The document states, "I have received a Franchise Disclosure Document dated April 30, 2025. This Disclosure Document included the following Exhibits:" However, the excerpt does not explicitly state that the franchisee must sign and date this receipt.
While the FDD receipt confirms the franchisee's receipt of the document, the absence of a signature and date requirement could have implications. Without a signed and dated receipt, it may be more difficult for Dryject to prove that the franchisee received the FDD within the mandated timeframe, which is generally 14 calendar days before signing a binding agreement or making a payment. This timeframe is designed to allow prospective franchisees adequate time to review the document and seek professional advice.
Prospective Dryject franchisees should confirm with Dryject whether a signature and date are required on the FDD receipt, even though it is not explicitly stated in the excerpt. If a signature and date are required, franchisees should ensure they comply with this requirement and retain a copy of the signed receipt for their records. This documentation can serve as proof of compliance with disclosure requirements and protect both the franchisee and Dryject in case of future disputes.