What is the street address for the agent for service of process for Fitstop franchisees in New York?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
INFORMATION COMPARING FRANCHISORS IS AVAILABLE. CALL THE STATE ADMINISTRATORS LISTED IN EXHIBIT G OR YOUR PUBLIC LIBRARY FOR SOURCES OF INFORMATION. REGISTRATION OF THIS FRANCHISE BY NEW YORK STATE DOES NOT MEAN THAT NEW YORK STATE RECOMMENDS IT OR HAS VERIFIED THE INFORMATION IN THIS FRANCHISE DISCLOSURE DOCUMENT. IF YOU LEARN THAT ANYTHING IN THE FRANCHISE DISCLOSURE DOCUMENT IS UNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND NEW YORK STATE DEPARTMENT OF LAW, BUREAU OF INVESTOR PROTECTION AND SECURITIES, 28 LIBERTY STREET, 21ST FLOOR, NEW YORK, NEW YORK 10005.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, additional information for franchisees in the state of New York can be obtained by contacting the New York State Department of Law, Bureau of Investor Protection and Securities, located at 28 Liberty Street, 21st Floor, New York, New York 10005. This is where franchisees can seek information if they believe anything in the FDD is untrue.
This disclosure is specific to New York, as franchise laws vary by state. The FDD emphasizes that registration of the Fitstop franchise in New York does not imply endorsement or verification of the information by the state. This is a standard disclaimer to prevent potential franchisees from assuming state approval.
Prospective Fitstop franchisees in New York should be aware of their rights under Article 33 of the General Business Law of the State of New York, which the document states cannot be waived. The FDD also clarifies Fitstop's rights regarding injunctive relief, which can only be obtained after proper evidence and approval from the appropriate authority. These additional disclosures aim to ensure compliance with New York franchise law and protect the rights of franchisees within the state.