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UFDD 2008

UFDD 2008

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Published by carlkosnar
The Kosnar group, Franchise Development Consultants to PRO MARTIAL ARTS Franchise Corporation,
The Kosnar group, Franchise Development Consultants to PRO MARTIAL ARTS Franchise Corporation,

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Published by: carlkosnar on Apr 25, 2009
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11/21/2012

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FRANCHISE DISCLOSURE DOCUMENT
 PRO MARTIAL ARTS Franchise Corporation1055 Westlakes Drive, Suite 300Berwyn, PA 19312Telephone: (610) 722-5600Fax: (610) 722-5601
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FRANCHISE DISCLOSURE DOCUMENT
PRO MARTIAL ARTS Franchise Corporationa Pennsylvania corporation
1055 Westlakes Drive, Suite 300Berwyn, PA 19312
The business you will conduct as an PRO MARTIAL ARTS Franchise is a membership physical fitness systemconsisting
of a unique program which incorporates karate training and self-defense regimens including operationsmanuals, training and instruction programs that include Grandmaster Samane’s Karate methods and PROMARTIAL ARTS martial arts physical fitness techniques and character building education. We have rights to andown the name “PRO MARTIAL ARTS By Grandmaster Samane” and a unique System for the operation of a karateschool utilizing skilled instructors trained in the Grandmaster Samane’s Karate methods.
The total investment necessary to begin operation of an PRO MARTIAL ARTS franchise is
$84,835 to $99,875
,the total amount of ITEM 7. This includes $25,000, the total amount of ITEM 5, that must be paid to the Franchisor or Affiliate. (See ITEM 5 and ITEM 7
 
for more detailed information).This disclosure document summarizes certain provisions of your franchise agreement and other information in plain English. Read this disclosure document and all accompanying agreements carefully. You must receive thisdisclosure document at least 14 calendar-days before you sign a binding agreement with, or make payment to, theFranchisor or an Affiliate in connection with the proposed franchise sale.
Note however, that no governmental agencyhas verified the information contained in this document.
You may wish to receive your disclosure document in another format that is more convenient for you. To discussthe availability of disclosures in different formats, contact PRO MARTIAL ARTS Franchise Corporation at 1055Westlakes Drive, Suite 300, Berwyn, PA 19312, or telephone (610) 722-5600.The terms of your contract will govern your franchise relationship. Do not rely on the disclosure document aloneto understand your contract. Read your entire contract carefully. Show your contract and this disclosure document to anadvisor, like a lawyer or accountant.Buying a franchise is a complex investment. The information in this disclosure document can help you make upyour mind. More information on franchising, such as “A Consumer’s Guide to Buying a Franchise,” which can help youunderstand how to use this disclosure document, is available from the Federal Trade Commission. You can contact theFTC at 1-877-FTC-HELP or by writing to the FTC at 600 Pennsylvania Avenue, NW, Washington, D.C. 20580. You canalso visit the FTC’s home page atwww.ftc.govfor additional information. Call your state agency or visit your publiclibrary for other sources of information on franchising.There may also be laws on franchising in your state. Ask your state agencies about them.The date of issuance of this Franchise Disclosure Document is May 1, 2008.
Please consider these RISK FACTORS before you buy this franchise:1.THE FRANCHISE AGREEMENT PERMITS YOU TO ARBITRATE WITH OR TO SUE PROMARTIAL ARTS WHERE YOUR FRANCHISE IS LOCATED IF THE DISPUTE IS BETWEEN YOU ANDPRO MARTIAL ARTS. IF THE DISPUTE INVOLVES YOU AND OTHER FRANCHISEES AGAINST PRO
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MARTIAL ARTS, ARBITRATION OR LITIGATION WILL OCCUR ONLY IN THE STATE AND COUNTYWHERE THE PRINCIPAL OFFICE OF PRO MARTIAL ARTS IS LOCATED (CURRENTLY, CHESTER COUNTY, PENNSYLVANIA). OUT OF STATE ARBITRATION OR LITIGATION MAY FORCE YOU TOACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TOARBITRATE WITH OR TO SUE PRO MARTIAL ARTS IN THE STATE AND COUNTY WHERE THEPRINCIPAL OFFICE OF PRO MARTIAL ARTS IS LOCATED (CURRENTLY, CHESTER COUNTY,PENNSYLVANIA) THAN IN YOUR HOME STATE. THIS MAY BE SUPERCEDED BY STATE LAW. SEEADDENDUM, IF ANY, ATTACHED TO THIS FRANCHISE DISCLOSURE DOCUMENT.2.THE FRANCHISE AGREEMENT STATES THAT PENNSYLVANIA LAW GOVERNS THEAGREEMENT, AND THIS LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS ASLOCAL LAW. YOU MAY WANT TO COMPARE THESE LAWS. THIS MAY BE SUPERCEDED BY STATELAW. SEE ADDENDUM, IF ANY, ATTACHED TO THIS FRANCHISE DISCLOSURE DOCUMENT.3.THIS IS A NEW FRANCHISE OFFERING AND THE MARKET FOR A PRO MARTIAL ARTSFRANCHISEE’S SERVICES IS NEW AND NOT WELL DEVELOPED. IT IS SPECULATIVE AND INVOLVESRISK.4.IF YOU LEARN THAT ANYTHING IN THIS FRANCHISE DISCLOSURE DOCUMENT ISUNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND THE APPLICABLE STATE AGENCYLISTED IN EXHIBIT A.5.THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE.
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