Localita & The Badasserie Franchise Disclosure Document (FDD)

The Localita & The Badasserie Franchise Disclosure Document is the most comprehensive record of how the company operates — financial statements, fee schedules, litigation history, and system-wide unit counts, disclosed under federal mandate. The 2016 filing is available here as a complete PDF.

A Franchise Disclosure Document (FDD) is the disclosure the Federal Trade Commission's Franchise Rule requires Localita & The Badasserie to provide to any prospective franchisee before a sale. Its 23 numbered Items set out the company's history and leadership, initial fees and estimated investment, ongoing obligations, territory terms, any financial performance representation, outlet counts, and financial statements, and the document is refiled each year.