factual

In New York, what term replaces 'Disclosure Document' in the Monicals Pizza FDD?

Monicals_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

FOR THE STATE OF NEW YORK

All references made herein to a "Disclosure Document" shall be replaced with the term "Offering Prospectus" as used under New York Law.

Source: Item 23 — RECEIPTS (FDD pages 46–257)

What This Means (2025 FDD)

According to the 2025 Monicals Pizza Franchise Disclosure Document, the term "Disclosure Document" is replaced with "Offering Prospectus" in the state of New York. This means that any reference to the Disclosure Document within the FDD should be understood as referring to the Offering Prospectus when the franchise is being offered or operated in New York.

This substitution is due to New York state franchise law, which uses the term "Offering Prospectus" to refer to the document that provides potential franchisees with the information they need to make an informed investment decision. The Monicals Pizza FDD must comply with these state-specific regulations to ensure that franchisees in New York receive the information required by law.

For a prospective Monicals Pizza franchisee in New York, it is important to be aware of this terminology change and to understand that the Offering Prospectus contains all the same information as the Disclosure Document, but is simply referred to by a different name to comply with New York law. Franchisees should carefully review the Offering Prospectus and any other documents provided by Monicals Pizza before making any investment decisions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.