After receiving the Face Foundrie Disclosure Document, what action must a prospective franchisee take with the provided receipts?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
The name, principal business address, and telephone number of each franchise seller offering the franchise is as follows: Michele Henry, Face Foundrié Franchising L.L.C., 6446 Flying Cloud Drive, Eden Prairie, Minnesota 55344, (855) 959-3223; and
__________________________________________________________________________________________________.
The issuance date of this Franchise Disclosure Document is April 18, 2025, as amended May 8, 2025.
We authorize the respective agents identified on Exhibit A to receive service of process for us in the particular states.
I received a Disclosure Document from Face Foundrié Franchising L.L.C. dated as of April 18, 2025, as amended May 8, 2025, that included the following Exhibits:
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, a prospective franchisee must sign a receipt acknowledging they received the document. This receipt confirms the franchisee received the Franchise Disclosure Document (FDD) at least 14 calendar days before signing the Franchise Agreement. This waiting period is mandated to allow potential franchisees adequate time to review the document and seek professional advice. The receipt also serves as an acknowledgment that the FDD includes specific exhibits.
Signing the receipt is a critical step in the franchise process. It demonstrates that Face Foundrie provided the FDD within the legally required timeframe. The FDD summarizes the franchise agreement's provisions and other essential information. By signing the receipt, the franchisee confirms they have been given the opportunity to review these materials carefully.
The FDD also states that if Face Foundrié does not deliver the Disclosure Document on time, or if it contains false or misleading statements, or a material omission, a violation of federal and state law may have occurred. In such cases, the franchisee is advised to report this to the Federal Trade Commission and the appropriate state agency. The document provides contact information for Michele Henry of Face Foundrié Franchising L.L.C. as a point of contact for franchise-related matters.