Is the Gold Star Franchise Agreement attached as an exhibit to the disclosure document?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document are the following agreements proposed for use by Gold Star in this State regarding the offering of this Franchise:
Exhibit B Franchise Agreement (which includes a Guaranty as its Exhibit B).
Source: Item 22 — Contracts (FDD pages 52–53)
What This Means (2025 FDD)
According to the 2025 Gold Star Franchise Disclosure Document, the Franchise Agreement is attached as an exhibit. Specifically, Exhibit B to the disclosure document is the Franchise Agreement, which includes a Guaranty as its Exhibit B.
Prospective franchisees should carefully review the Franchise Agreement and all its exhibits. This agreement outlines the terms and conditions of the franchise relationship, including the obligations of both the franchisee and Gold Star. Understanding the terms of the agreement is crucial before making a decision to invest in a Gold Star franchise.
It is typical practice for franchisors to include the Franchise Agreement as part of the FDD. This allows potential franchisees to thoroughly review the document with their legal and financial advisors during their due diligence process. The inclusion of the Guaranty as part of the Franchise Agreement means that the obligations of the franchisee may be guaranteed by another party, which is a common requirement, especially for franchisees operating under a corporate entity.