Ascend Collection – 2018 Franchise Disclosure Document (FDD)

This is the 2018 Ascend Collection Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.

“The membership offered in this disclosure document is for the rights to own and/or operate an ASCEND HOTEL COLLECTION? or ASCEND RESORT COLLECTION® (“ ASCEND”) hotel business. The total investment necessary to begin the operation of a newly constructed 80-room ASCEND hotel is between $7,976,970 and $10,945,979 and the total investment necessary to convert a qualified existing hotel and begin operation of an 77-room ASCEND hotel is between $174,450 and $2,001,699. This includes an affiliation fee …”
-Ascend Collection FDD, Apr 2018

What is in the Ascend Collection 2018 Franchise Disclosure Document (FDD)?
The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.

Table of Contents - Ascend Collection – 2018 Franchise Disclosure Document (FDD)

Cover Page
Table Of Contents
Disclosure Items 1-23

Item 1: The Franchisor, Its Predecessors, and Affiliates

Item 2: Business Experience

Item 3: Litigation

Item 4: Bankruptcy

Item 5: Initial Franchise Fee

Item 6: Other Fees

Item 7: Initial Investment

Item 8: Restrictions on Sources of Products and Services

Item 9: Franchisee's Obligations

Item 10: Financing

Item 11: Franchisor's Obligations

Item 12: Territory

Item 13: Trademarks

Item 14: Patents, Copyrights, and Proprietary Information

Item 15: Obligation to Participate in and the Actual Operation of the Franchise Business

Item 16: Restrictions on What the Franchisee May Sell

Item 17: Renewal, Termination, Transfer, and Dispute Resolution

Item 18: Public Figures

Item 19: Earnings Claims

Item 20: List of Outlets

Item 21: Financial Statements

Item 22: Contracts

Item 23: Receipt