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WHAT'S IN THE UFOC?
Uniform Franchise Offering Circular
ITEMS 1 - 4: The
franchisor's background, the key experience of key
executives and the company's litigation and
bankruptcy history.
ITEMS 5 & 6: All the fees charged by the franchisor.
ITEM 7: An estimate of the total investment needed
to establish the business.
ITEM 8: Restrictions on the purchase of products to
be used and sold in the unit.
ITEM 9: The franchisee's obligations.
ITEM 10: Financing that the franchisor makes
available.
ITEM 11: A summary of the services, such as training
and site selection, that the franchisor provides in
relation to the franchise program.
ITEM 12: Territorial protections.
ITEM 13 & 14: The status of the trademarks,
copyrights and patents associated with the program.
ITEM 15: Obligations of the franchisee to
participate in the actual operation of the
franchised business.
ITEM 16: Restrictions on what the franchisee can
sell.
ITEM 17: Renewal, termination, transfer and dispute
resolution provisions.
ITEM 18: Public figures used to promote the
franchise.
ITEM 19: A description of how well the franchises
perform financially.
ITEM 20: System statistics and lists of franchisees
and former franchisees.
ITEM 21: Financial Statements.
ITEM 22: Franchise agreement and related documents.
ITEM 23: Acknowledgement of receipt. |
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WHERE
& HOW CAN I GET A UFOC?
When evaluating a franchise the franchisor will
provide you with their UFOC. However there are times
to look at the UFOC prior to receiving it from the
franchisor. For a fee, you can get one from
these companies. |
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Franchise
Help, Inc
101 Executive Blvd. 2nd FL
Elmsford, NY 10523
(800) 401-1445
www.fanchisehelp.com |
Franchise-Insider
745 Campbell Way
Herndon, VA 20170
(877) 674-6677
www.franchise-insider.com |
FRANDATA Corp.
1665 N. Meyer Dr #410
Arlington, VA 22209
(703) 740-4707
www.frandata.com |
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