If the franchisee for a Floyds 99 franchise is a partnership, what information must be provided about each partner?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
FLOYD'S 99 FRANCHISING, LLC (Print Name) Individually Address: City: State: Zip: OR: (if a corporation or partnership) Company Name Address: City: State: Zip:
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
Based on the 2025 Floyds 99 Franchise Disclosure Document, if the franchisee is a partnership, the agreement requires the company name, address, city, state, and zip code to be provided. This ensures Floyds 99 has complete contact information for the franchisee entity.
This requirement is standard in franchising, as franchisors need to know the legal entity they are contracting with. For partnerships, this means disclosing the business details rather than just an individual's information. This information is crucial for legal and communication purposes throughout the franchise term.
Prospective Floyds 99 franchisees operating as a partnership should be prepared to provide all requested business details during the application and agreement signing process. Ensuring this information is accurate and up-to-date is essential for maintaining a good relationship with Floyds 99 and complying with the franchise agreement.