In which states is the proposed Floyds 99 franchise registration on file or will shortly be on file?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- The following list reflects the status of the franchise registrations of the Franchisor in the states which require registration:
- A. This proposed registration is effective in the following states: None
- B. This proposed registration is or will shortly be on file in the following states: California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia and Wisconsin.
- C. States which have refused, by order or otherwise, to register these franchises are: None.
- D. States which have revoked or suspended the right to offer the franchises are: None.
- E. States in which the proposed registration of these franchises has been withdrawn are: None.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the proposed franchise registration is or will shortly be on file in California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia, and Wisconsin. This means that Floyds 99 has either already submitted its franchise registration documents to these states or plans to do so soon.
For a prospective franchisee, this information is crucial because it indicates where Floyds 99 is actively seeking to expand its franchise network. It also implies that Floyds 99 has met or is in the process of meeting the legal requirements for offering franchises in these states. Registration typically involves providing detailed information about the franchise system, including financial performance, background of key personnel, and terms of the franchise agreement, to state regulatory agencies.
It is important to note that the FDD explicitly states that registration in a state does not constitute approval, recommendation, or endorsement by the state's regulatory authorities. The state does not guarantee the accuracy or completeness of the information provided in the FDD. Therefore, prospective franchisees should conduct their own due diligence and seek professional advice before investing in a Floyds 99 franchise, even in states where the franchise is registered.
Furthermore, the FDD also lists states where the proposed registration is effective as "None", states which have refused to register these franchises as "None", states which have revoked or suspended the right to offer the franchises as "None", and states in which the proposed registration of these franchises has been withdrawn as "None".