Which exhibit contains the list of franchisees who have left The Standardx system?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT I
LIST OF BRAND HOTEL FRANCHISEES WHO LEFT THE SYSTEM
[NONE]
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, Exhibit I contains the list of franchisees who have left the system. This exhibit is titled "List of Franchisees Who Left the System." Reviewing this exhibit is essential for potential franchisees to understand the turnover and stability within The Standardx franchise network. It provides insights into the experiences of former franchisees, which can be valuable in assessing the overall health and attractiveness of the franchise opportunity.
However, the document also indicates that as of December 31, 2024, there were no franchisees who had left The Standardx system. This is stated explicitly under Exhibit I, where it says "[NONE]", suggesting either a very new franchise system or one with high franchisee retention at the time of the FDD's publication.
Prospective franchisees should still carefully examine Exhibit I in the FDD to confirm the current status and to understand any potential trends in franchisee departures as the system evolves. It would also be prudent to inquire directly with The Standardx about the reasons for any past franchisee terminations or non-renewals to gain a more comprehensive understanding.