How can a Mr. Sandless franchisee obtain an accounting of the advertising fund as required by COMAR 02.02.08.04B(2)?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
Item 11 of the Franchise Disclosure Document shall be amended to state that a franchisee may obtain an accounting of the advertising fund as required by COMAR 02.02.08.04B(2), by requesting same in a written request to Franchisor.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 30–34)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, a franchisee in Maryland can obtain an accounting of the advertising fund as required by COMAR 02.02.08.04B(2). To do so, the franchisee must submit a written request to Mr. Sandless. This amendment to Item 11 of the Franchise Disclosure Document ensures compliance with Maryland law regarding advertising fund transparency.
This requirement is specific to Maryland franchisees due to the state's franchise laws. Franchisees in other states may not have the same explicit right to request an accounting of the advertising fund detailed in the FDD. It is important for prospective franchisees to understand the specific regulations in their state regarding advertising funds and financial transparency.
For a Mr. Sandless franchisee in Maryland, this means they have a legal right to request and receive an accounting of how the advertising funds are being used. This helps ensure that the funds are being managed appropriately and in accordance with the franchise agreement and Maryland law. The franchisee should keep a record of their written request and the response received from Mr. Sandless.