Does the Fitstop disclosure document include state administrators as an exhibit?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
| Exhibit B. Table of Contents for Manual(s) | |||
|---|---|---|---|
| Exhibit C. | Financial Statements | ||
| Exhibit D. | List of Franchisees | ||
| Exhibit E. | Lists of Agents for Service of Process in Various States | ||
| Exhibit F. | State Administrators | ||
| Exhibit G. | General Release | ||
| Exhibit H. | State Addendum to the Disclosure Document | ||
| Exhibit I. | State Effective Dates Page | ||
| Exhibit J. | Receipts of Franchise Disclosure Document | ||
| Dated: | Dated: | ||
| Printed Name | Printed Name | ||
| Signed, individually and as an officer of [ ] (a corporation) [ ] (a partnership) | Signed, individually and as an officer of [ ] (a corporation) [ ] (a partnership) | ||
| [ ] (a Limited Liability Company) | [ ] (a Limited Liability Company) |
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
Yes, according to Fitstop's 2024 Franchise Disclosure Document, Exhibit F contains a list of State Administrators. This exhibit is important because it provides contact information for state authorities who oversee franchise regulations.
Prospective Fitstop franchisees can use this list to verify information about the franchise, understand their rights, and report any concerns they may have. Specifically, for franchisees in New York, the FDD states that information comparing franchisors is available by calling the state administrators listed in Exhibit G or by visiting a public library.
Having access to state administrator contact information is a valuable resource for franchisees, ensuring they have access to regulatory oversight and support. This transparency can help franchisees make informed decisions and address any issues that may arise during the franchise term.