In New York, when must I receive the Mr. Sandless Franchise Disclosure Document?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
New York requires you to receive this Franchise Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
Source: Item 23 — RECEIPTS (FDD pages 42–167)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, New York requires prospective franchisees to receive the FDD earlier of two instances. The first is at the first personal meeting with Mr. Sandless representatives. The second is 10 business days before the execution of the franchise or any other agreement, or before any payment related to the franchise relationship is made.
This disclosure requirement is designed to give potential franchisees adequate time to review the document and seek professional advice before making any binding commitments or payments. The FDD contains important information about the Mr. Sandless franchise system, including fees, obligations, and financial performance.
It is important to note that failure by Mr. Sandless to deliver the FDD on time, or if the document contains false or misleading statements, or material omissions, may constitute a violation of federal and state law. In such cases, the prospective franchisee is advised to report the violation to the Federal Trade Commission and the relevant state authority listed in Exhibit A of the FDD.