Have any states refused, by order or otherwise, to register the Floyds 99 franchises?
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- E. States in which the proposed registration of these franchises has been withdrawn are: None.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 the 2025 Floyds 99 Franchise Disclosure Document, the franchise registration status is detailed in an addendum for the state of Hawaii. As of the date of the FDD, Floyds 99 indicates that no states have refused to register their franchises by order or otherwise.
Floyds 99's proposed registration was effective in none of the states. However, the proposed registration was or would shortly be on file in California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia, and Wisconsin.
This information is crucial for prospective franchisees as it indicates the brand's current standing with state regulatory bodies. A refusal to register in a state could signify potential legal or financial issues, making the absence of such refusals a positive sign for potential investors.