What is the issuance date of this Precision Door Service Franchise Disclosure Document?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
This document is effective and may be used in the following states, where the document is filed, registered, or exempt from registration, as of the Effective Date stated below:
California: April 1, 2025
Hawaii: [PENDING]
Illinois: April 1, 2025
Indiana: [PENDING]
Maryland: [PENDING]
Michigan: April 1, 2025
Minnesota: [PENDING]
New York: April 1, 2025
North Dakota: [PENDING]
Rhode Island: [PENDING]
South Dakota: [PENDING]
Virginia: [PENDING]
Washington: [PENDING]
Wisconsin: [PENDING]
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
Source: Item 23 — Receipts (FDD pages 92–433)
What This Means (2025 FDD)
According to the 2025 Precision Door Service Franchise Disclosure Document, the document is effective as of April 1, 2025, for California, Illinois, Michigan, and New York. For the remaining states with franchise laws, such as Hawaii, Indiana, Maryland, Minnesota, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, the document's effective date was pending as of the document's issuance.
Prospective franchisees should note that the FDD's effective date is crucial because it indicates when Precision Door Service is authorized to offer and sell franchises in a specific state. The "pending" status for certain states suggests that Precision Door Service was still awaiting approval or registration in those areas as of the FDD's issuance. This could potentially delay the franchise sales process in those states.
It is also important to understand that other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans. This means that Precision Door Service must comply with these additional regulations before offering franchises in those states.