As of this Even Hotels FDD, which states have an effective date of April 15, 2025?

According to Even Hotels' 2025 Franchise Disclosure Document, several states have an effective date of April 15, 2025. These states include California, Illinois, Indiana, Minnesota, and New York. This effective date signifies the date on which the franchise offering is officially registered or exempt from registration in these specific states, allowing Even Hotels to legally offer and sell franchises within their borders. Prospective franchisees in these states can be assured that the FDD has been reviewed and approved (or is exempt) by the relevant state authorities as of this date.

It is important to note that other states listed, such as Hawaii, Maryland, Michigan, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, have a "Pending" status. This means that as of the FDD's issuance, Even Hotels' franchise registration or exemption was still under review in those states. Therefore, while Even Hotels intends to offer franchises in those states, they cannot legally do so until the registration or exemption is approved and becomes effective.

For a prospective Even Hotels franchisee, this information is crucial for understanding where the franchise is currently authorized to operate. If a potential franchisee is interested in a state with a "Pending" status, they should inquire with Even Hotels about the expected timeline for approval and understand that there may be delays or unforeseen issues that could affect the ability to open a franchise in that state. They should also verify the current status with the relevant state agency before making any investment decisions.