Does Exhibit L contain information on Stretch Zone franchisees that have been terminated, canceled, or not renewed?

According to Stretch Zone's 2025 Franchise Disclosure Document, Exhibit L includes a list of former franchisees. This list contains the names, last known home addresses, and home telephone numbers of franchise businesses that have been terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased operations under a Franchise Agreement during the most recently completed fiscal year. It also includes franchisees who have not communicated with Stretch Zone within 10 weeks of the effective date of the Franchise Disclosure Document.

This information is valuable for prospective franchisees as it provides insight into the turnover and stability within the Stretch Zone franchise system. By reviewing this list, potential franchisees can identify trends in franchise terminations or non-renewals, which may indicate issues with the franchise model, support system, or overall franchisee satisfaction.

However, the FDD also notes that several current or former Stretch Zone franchisees have signed confidentiality clauses restricting them from discussing their experiences. This could limit a prospective franchisee's ability to gather comprehensive information about the reasons behind terminations or non-renewals. Therefore, it is important to consider this limitation and seek additional information from other sources, such as current franchisees or industry experts, to gain a balanced perspective.