For Stretch Zone franchisees signing as an entity, what information must be included on the signature line?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
| "your") to amend the Franchise Agreement as follows: | This Addendum to Franchise Agreement is signed on between Stretch Zone Franchising, LLC ("we" "us" or "our") and ("you" or |
|---|---|
| 1. | Section 3.1(a) of the Franchise Agreement is amended as follows: |
| (a) and you are open for business. Franchisees currently purchasing a Franchise. | Initial Franchise Fee. You must pay to us an Initial Franchise Fee of $59,500. The Initial Franchise Fee will be deferred and is not payable to us until we have complied with all of our pre-opening obligations to you under this Agreement The Initial Franchise Fee is uniform as to all Each of the undersigned acknowledges having read this Addendum, understands and |
| consents to be bound all of its terms. | FRANCHISEE: |
| FRANCHISOR: | |
| STRETCH ZONE FRANCHISING LLC, a | (IF ENTITY): |
| Florida limited liability company | |
| By: | [Name] |
| Tony Zaccario, CEO and President | |
| Date:, 20 | By: Name: Title: Date:, 20 (IF INDIVIDUALS): [Signature] [Print Name] Date:, 20 [Signature] [Print Name] |
Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, if a franchisee is signing the franchise agreement as a business entity, the signature line must include the name of the person signing on behalf of the entity, their title, and the date of signing. The document provides a template signature block for entities, specifying fields for the entity's name, the signer's name, their title, and the date.
This requirement ensures that there is a clear record of who is authorized to represent and bind the business entity to the terms of the franchise agreement. It also clarifies the legal capacity in which the agreement is being executed, which is crucial for enforceability and dispute resolution.
Prospective Stretch Zone franchisees should pay close attention to these signature requirements to avoid any potential legal complications or challenges to the validity of their franchise agreement. Ensuring that all required information is accurately provided on the signature line is a fundamental step in establishing a legally sound franchising relationship with Stretch Zone.