What California cities have Department of Financial Protection & Innovation offices that Fitstop franchisees may need to contact?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
3rd Floor | | | 150 Israel Road, S.W. | | | Tumwater, Washington 98501 | | | (360) 902-8760 | | WISCONSIN | Securities and Franchise Registration | | | Wisconsin Securities Commission | | | 201 West Washington Avenue | | | Madison, Wisconsin 53703 | | | (608) 266-3364 |
EXHIBIT F: STATE ADMINISTRATORS
| STATE | STATE ADMINISTRATORS |
|---|---|
| CALIFORNIA | Commissioner, Department of Financial Protection & Innovation |
| 1-866-275-2677 | |
| Los Angeles | |
| 320 West 4th Street, Suite 750 | |
| Los Angeles, CA 90013 |
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the California Department of Financial Protection & Innovation has offices in Los Angeles, Sacramento, San Diego, and San Francisco. A Fitstop franchisee in California may need to contact these offices for matters related to franchise agreements, modifications, or complaints. It is important to note that registration of the franchise does not constitute approval, recommendation, or endorsement by the Commissioner of the Department of Financial Protection and Innovation.
The FDD also states that any complaints concerning the contents of Fitstop's website may be directed to the California Department of Financial Protection and Innovation at their website, www.dfpi.ca.gov. Additionally, California Corporations Code, Section 31125 requires Fitstop to provide a disclosure document approved by the Department of Financial Protection and Innovation before asking a franchisee to consider a material modification of their Franchise Agreement.
Furthermore, the California Franchise Investment Law mandates that a copy of all proposed agreements relating to the sale of the Fitstop franchise be delivered together with the disclosure document. These regulations and contact points are essential for prospective Fitstop franchisees in California to be aware of, ensuring they understand their rights and responsibilities under state law.