What is the deadline for Fat Shack to provide the Disclosure Document in Michigan?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
Michigan requires that Fat Shack give you this Disclosure Document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, in Michigan, Fat Shack must provide the Franchise Disclosure Document to a prospective franchisee at least 10 business days before the earlier of two events. These events are the execution of any binding franchise or other agreement, or the payment of any consideration related to the franchise.
This requirement ensures that potential franchisees have sufficient time to review the FDD and make an informed decision before committing to the franchise. The 10-business-day period allows franchisees to seek legal and financial advice, evaluate the risks and benefits of investing in a Fat Shack franchise, and conduct due diligence.
It is important for prospective Fat Shack franchisees in Michigan to be aware of this deadline and to ensure that they receive the FDD in a timely manner. If Fat Shack fails to deliver the Disclosure Document on time, it could be a violation of federal and state law, which should be reported to the Federal Trade Commission and the appropriate state agency.