As of what date is the Focalpoint Coaching Franchise Disclosure Document effective in Illinois?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
LIFORNIA**
| Henderson, | Nevada | 89052 | ("we," | "us" | or | "our"), | and |
|---|---|---|---|---|---|---|---|
| Nevada corporation with its principal business address at 2831 St. Rose Parkway, Suite 234, the Franchise Agreement (defined below), by and between FOCALPOINT COACHING, INC., a | |||||||
| This Rider | (the "Rider") is made and entered into as of the Effective Date as stated in |
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- Background. We and you are parties to that certain Franchise Agreement that has been signed at the same time as the signing of this Rider (the "Franchise Agreement"). This Rider is part of the Franchise Agreement. This Rider is being signed because (a) the offer or sale of the franchise for the Franchised Business that you will operate under the Franchise Agreement was made in the State of California, and/or (b) you are a resident of California and the Franchised Business will be located in California.
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- Initial Fees. The following language is added to the end of Sections 3.A and 4.A of the Franchise Agreement:
Despite the payment provisions above, payment of all initial fees owed by you to us under this Agreement is postponed until after all of our initial obligations are complete and you commence doing business.
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- Late Fees and Interest. Section 3.I of the Franchise Agreement is revised to reflect that the maximum interest rate in California currently is 10% annually, notwithstanding any statement to the contrary contained in Section 3.I of the Franchise Agreement.
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- No Waiver of Disclaimer of Reliance.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, the Rider to the Franchise Agreement indicates specific provisions applicable to franchisees in Illinois. The Rider is signed concurrently with the Franchise Agreement, and it applies if the franchise offer or sale occurred in Illinois, the Franchised Business will be located in Illinois, or the franchisee is an Illinois resident.
For Illinois franchisees, Focalpoint Coaching will defer the payment of initial franchise fees until all pre-opening obligations are met and the franchisee has commenced business operations. This requirement was imposed by the Illinois Attorney General's Office based on Focalpoint Coaching's audited financial statements. Furthermore, Illinois law governs the Franchise Agreement for Illinois franchisees.
Additionally, the 2025 FDD states that any provision in the franchise agreement that designates jurisdiction and venue in a forum outside of Illinois is void, although arbitration may occur outside of the state. The Illinois Franchise Disclosure Act applies to claims arising under Illinois law, and the consent to jurisdiction extends to Illinois state and federal courts for such claims. The waiver of a jury trial does not apply to the extent prohibited by the Illinois Franchise Disclosure Act of 1987 or Illinois Regulations.