factual

What is the issuance date of this Punch King Fitness disclosure document?

Punch_King_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

Issuance Date: April 26, 2024

Our registered agents authorized to receive service of process for us are listed in Exhibit H.

I have received a disclosure document dated April 26, 2024. This disclosure document included the following Exhibits:

Source: Item 23 — RECEIPT (FDD pages 215–216)

What This Means (2024 FDD)

According to Punch King Fitness's 2024 Franchise Disclosure Document, the issuance date is April 26, 2024. This date is important because it signifies when the FDD was finalized and made available to potential franchisees. Franchise regulations require that the FDD be current and accurate, so the issuance date helps ensure that prospective franchisees are reviewing the most up-to-date information available.

This date is crucial for compliance with the FTC's Franchise Rule and various state franchise laws, which mandate that franchisees receive the FDD at least 14 calendar days before signing any binding agreement or making any payment to Punch King Fitness. The issuance date serves as the starting point for calculating this mandatory review period, allowing franchisees adequate time to carefully consider the opportunity.

Furthermore, the FDD includes a receipt page that confirms the franchisee received a disclosure document dated April 26, 2024. This receipt, once signed, serves as proof that Punch King Fitness provided the FDD within the legally required timeframe. Franchisees should verify that the date on the receipt matches the issuance date on the disclosure document to ensure proper compliance and documentation.

Disclaimer: This information is extracted from the 2024 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.