For Endless Summer Sweets franchises in Ohio, what is added to the disclosure document?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
OHIO ADDENDUM TO DISCLOSURE DOCUMENT
In the State of Ohio only, this Disclosure Document is amended by adding the following two cover pages to this Disclosure Document:
READ THIS DISCLOSURE DOCUMENT CAREFULLY
The state of Ohio has not reviewed and does not approve, recommend, endorse, or sponsor this or any franchise. If you have any questions about this franchise, the information contained in this disclosure document should be reviewed with an attorney or financial advisor before you sign any agreement.
The following disclosure document contains the disclosures required by Ohio law.
In the State of Ohio only, this Disclosure Document is further amended as follows:
The following is added to Item 19:
CAUTION
Some business opportunity plans have earned this amount. There is no assurance you will do as well. If you rely upon our figures, you must accept the risk of not doing as well.
Source: Item 23 — RECEIPTS (FDD pages 39–125)
What This Means (2024 FDD)
According to the 2024 Endless Summer Sweets Franchise Disclosure Document, for the state of Ohio only, two cover pages are added to the beginning of the document. These cover pages include a disclaimer stating that the state of Ohio has not reviewed, approved, recommended, endorsed, or sponsored the franchise. It also advises potential franchisees to consult with an attorney or financial advisor before signing any agreements related to the Endless Summer Sweets franchise.
Additionally, for Ohio franchisees, a caution is added to Item 19 of the FDD, which concerns earnings claims. This caution emphasizes that while some business opportunity plans may have achieved a certain level of earnings, there is no guarantee that a new franchisee will experience the same success. The disclosure advises that if a franchisee relies on the franchisor's figures, they must accept the risk of not performing as well.
These addenda are specific to Ohio and serve to provide additional consumer protection and transparency, ensuring that potential franchisees are aware of the risks and have sought appropriate counsel before investing in an Endless Summer Sweets franchise.