This downloadable file includes a complete copy of Disclosure Document (FDD) for the Learning Experience franchise brand effective 01/04/2016 (Adobe PDF format).
Disclosure documents are valuable to attorneys, franchisees and prospective franchisees, other franchise companies, and anyone else who needs to understand the performance, operations and franchising terms and conditions within a specific brand.
I. Items 1-23
III. Territory Reservation Agreement
IV. List of Current Franchisees
V. Term Policies
VI. Financial Statements
VII. Lists of Franchised Units, and Franchisees who Left the System
VIII. Other Exhibits
Each FDD discloses detailed information on the franchise system including its history, executive management team, financial performance, franchise-related litigation and bankruptcy, unit growth and turnover. The document also includes the terms and conditions that apply to a franchisee and the operations of a unit, as well as the franchise agreement that must be signed.