Where can I find the Conversion Promissory Note exhibit for My Salon Suite?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document issued, which included the following exhibits: Exhibit A Exhibit B List of State Agentsfor Service of Process Exhibit C Franchise Agreement Exhibit D Conversion Addendum Exhibit E Development Agreement Exhibit F Conversion Promissory Note (Direct Financing) Exhibit G Operations Manual Table of Contents Exhibit H State Addenda to Disclosure Document and Franchise Agreement Exhibit I Lists of Current and Former Franchise Owners Exhibit J Financial Statements ExhibitJ-1 Guarantee of Performance Exhibit K Sample Form of General Release Exhibit L State Effective Dates Exhibit M Receipt
Source: Item 22 — Contracts (FDD pages 94–95)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the Conversion Promissory Note (Direct Financing) can be found as Exhibit F. This exhibit is listed among other exhibits such as the Franchise Agreement (Exhibit C) and the Conversion Addendum (Exhibit D).
Prospective franchisees who are considering converting an existing salon business to a My Salon Suite franchise should carefully review Exhibit F. This document likely outlines the terms and conditions of any financing offered by My Salon Suite to facilitate the conversion process. Understanding the details of the promissory note is crucial for assessing the financial obligations and risks associated with converting to a My Salon Suite franchise.
It is important to note that the FDD includes a receipt that the prospective franchisee must sign, acknowledging receipt of the disclosure document and its exhibits. This receipt specifically lists Exhibit F, reinforcing its importance and availability within the FDD. Franchisees should retain a copy of this receipt for their records.