Does the Focus Cfo Franchise Agreement include multi-state addenda?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT I TO THE DISCLOSURE DOCUMENT
MULTI-STATE ADDENDA
FOR THE STATE OF ILLINOIS
Source: Item 22 — Contracts (FDD page 37)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, the document includes multi-state addenda. Specifically, Exhibit I to the Disclosure Document is titled "MULTI-STATE ADDENDA" and provides an addendum for the state of Illinois.
This indicates that the standard franchise agreement may be modified by state-specific addenda to comply with varying state franchise laws. These addenda could cover aspects such as franchise registration requirements, disclosures, and franchisee rights that differ from state to state.
Prospective Focus Cfo franchisees should carefully review Exhibit I and any other state-specific addenda applicable to their state to understand any modifications to the standard franchise agreement. They should also consult with a legal professional to ensure they fully understand their rights and obligations under the franchise agreement and any applicable state laws.