Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
Authentication
digital resources
141x Filetype PDF File size 0.46 MB Source: fddexchange.com
FRANCHISE DISCLOSURE DOCUMENT
Ringside Development Company
An Arizona Corporation DBA
Bio-One Inc.
5635 N. Scottsdale Rd. Suite 170
Scottsdale, Arizona 85250
800-513-1424
www.BioOneInc.com
The franchise offered is for the establishment and operation of an at-home business providing residential and
commercial removal of regulated and non-regulated bio medical waste with additional services such as cleaning,
disinfecting and repair of damaged structural areas.
The estimated total investment to begin operations of a Bio-One Inc. franchise is $51,200 to $75,150. This
includes $35,000 that must be paid to the franchisor or affiliate.
This disclosure document summarizes certain provisions of Your franchise agreement and other information in plain
English. Read this document and all accompanying agreements carefully. You must receive this disclosure document
at least 14 calendar days before You can sign a binding agreement with, or make any payment to the franchisor or
an affiliate in connection with the proposed franchise sale. Note, however, that no government agency has
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 discuss the
availability of disclosures in different formats, contact the Franchise Administration Department at 5635 N. Scottsdale
Rd. Suite 170, Scottsdale AZ .
The terms of your contract will govern your franchise relationship. Don’t rely on the disclosure document alone to
understand your contract. Read all of your contract carefully. Show your contract and this disclosure document to an
adviser, for example a lawyer or an accountant.
Buying a franchise is a complex investment. The information in this disclosure document can help you make up your
mind. More information on franchising, such as “A Consumer’s Guide to Buying a Franchise,” which can help you
understand how to use this disclosure document is available from the Federal Trade Commission. You can contact
the FTC at 1-877-FTC-HELP or by writing to the FTC at 600 Pennsylvania Avenue NW, Washington, DC 20580. You
can also visit the FTC’s home page at www.ftc.gov for additional information. Call your state agency or visit your
public library for other sources of information on franchising.
There may also be laws on franchising in your state. Ask your state agencies about them.
ISSUING DATE: 5-1-2012
Bio-One Inc. FRANCHISE DISCLOSURE DOCUMENT 1
STATE COVER PAGE
Your state may have franchise laws that require a franchisor to register or file with a state franchise administrator
before offering or selling in your state. REGISTRATION OF A FRANCHISE BY A STATE DOES NOT MEAN THAT
THE STATE RECOMMENDS THE FRANCHISE OR HAS VERIFIED THE INFORMATION IN THIS DISCLOSURE
DOCUMENT.
Call the state franchise administrator listed in Exhibit “F” for information about the franchisor, or about franchising in
your state.
MANY FRANCHISE AGREEMENTS DO NOT ALLOW YOU TO RENEW UNCONDITIONALLY AFTER THE INITIAL
TERM EXPIRES. YOU MAY HAVE TO SIGN A NEW AGREEMENT WITH DIFFERENT TERMS AND CONDITIONS
IN ORDER TO CONTINUE TO OPERATE YOUR BUSINESS. BEFORE YOU BUY, CONSIDER WHAT RIGHTS
YOU HAVE TO RENEW OUR FRANCHISE, IF ANY, AND WHAT TERMS YOU MIGHT HAVE TO ACCEPT IN
ORDER TO RENEW.
Please consider the following RISK FACTORS before you buy this franchise:
1. THE FRANCHISE AGREEMENT REQUIRES YOU TO ARBITRATE DISPUTES WITH US AND CONDUCT
THE ARBITRATION IN [YOUR STATE]. OUT OF STATE ARBITRATION MAY FORCE YOU TO ACCEPT A
LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST YOU MORE TO ARBITRATE
WITH US IN [YOUR COMPANY’S STATE] THAN IN YOUR OWN STATE.
THE FRANCHISE AGREEMENT STATES THAT ARIZONA GOVERNS THE AGREEMENT; AND THIS
LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS AS LOCAL LAW. YOU MAY WANT
TO COMPARE THESE LAWS.
2. THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE.
NOTE: THE AGREEMENT PROVISIONS REFERRED TO IN THE RISK FACTORS MAY BE VOID UNDER
SOME STATE FRANCHISE LAWS AND SOME STATE FRANCHISE LAWS MAY REQUIRE DISCLOSURE
OF ADDITIONAL RISK FACTORS. SEE EXHIBIT “G”.
We may use the services of one or more FRANCHISE BROKERS or referral sources to assist us in selling our
franchise. A franchise broker or referral source represents us, not you. We pay this person a fee for selling our
franchise or referring you to us. You should be sure to do your own investigation of the franchise.
EFFECTIVE DATE: 5-1-2012
Bio-One Inc. FRANCHISE DISCLOSURE DOCUMENT 2
Table of Contents
STATE COVER PAGE............................................................................................................................................2
ITEM 1. THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES......................................7
Definitions............................................................................................................................................................... 7
To simplify the language in this Disclosure Document, the words “we,” “our,” “us” and “Bio-One” refer to Bio-One Inc.,
the franchisor of this business. “You” and “your” refer to the person who buys the franchise, whether you are a corporation,
limited liability company, or other business entity. If you are a corporation, limited liability company or other business entity,
certain provisions of this disclosure also apply to your owners and will be noted. Our Predecessors and Affiliates ..............7
Our Names. .......................................................................................................................................................... 7
Our Address and Agent for Service........................................................................................................................7
Our Business Form................................................................................................................................................ 7
Our Business and Franchises Offered. .................................................................................................................7
Prior Business Experience ....................................................................................................................................7
Laws Affecting Your Licensed Business.................................................................................................................8
ITEM 2. BUSINESS EXPERIENCE............................................................................................................................10
ITEM 3. LITIGATION.................................................................................................................................................. 11
[THIS PAGE INTENTIONALLY LEFT BLANK]...........................................................................................13
ITEM 4. BANKRUPTCY.............................................................................................................................................14
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................15
ITEM 5. INITIAL FEES............................................................................................................................................... 16
Initial Fee. ........................................................................................................................................................... 16
Payment of Initial Fee. ........................................................................................................................................ 16
Refund of Initial Franchise Fee. ..........................................................................................................................16
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................17
ITEM 6. OTHER FEES...............................................................................................................................................18
Notes Regarding Other Fees:...............................................................................................................................20
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................22
ITEM 7. ESTIMATED INITIAL INVESTMENT............................................................................................................23
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................28
ITEM 8. RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES............................................................29
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................31
ITEM 9. FRANCHISEE'S OBLIGATIONS..................................................................................................................32
ITEM 10. FINANCING................................................................................................................................................ 34
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................37
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................38
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................39
ITEM 11. FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING...................40
Pre-opening Obligations. .................................................................................................................................... 40
Bio-One Inc. FRANCHISE DISCLOSURE DOCUMENT 3
ITEM 12. TERRITORY................................................................................................................................................ 47
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................48
ITEM 13. TRADEMARKS...........................................................................................................................................49
................................................................................................................................................................................. 50
ITEM 14. PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION............................................................51
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................52
ITEM 15. OBLIGATION TO PARTICIPATE IN THE OPERATION OF THE FRANCHISED BUSINESS..................53
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................54
ITEM 16. RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL....................................................................55
ITEM 17. RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION................................................56
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................59
ITEM 18. PUBLIC FIGURES......................................................................................................................................60
[THIS PAGE INTENTIONALLY LEFT BLANK]............................................................................................................................61
ITEM 19. FINANCIAL PERFORMANCE REPRESENTATIONS................................................................................62
WE DO NOT MAKE ANY REPRESENTATIONS ABOUT A FRANCHISEE’S FUTURE FINANCIAL PERFORMANCE OR THE PAST FINANCIAL PERFORMANCE
OF COMPANY-OWNED OR FRANCHISED OUTLETS. ....................................................................................................................62
WE ALSO DO NOT AUTHORIZE OUR EMPLOYEES OR REPRESENTATIVES TO MAKE ANY SUCH REPRESENTATIONS EITHER ORALLY OR IN WRITING. IF
YOU ARE PURCHASING AN EXISTING OUTLET, HOWEVER, WE MAY PROVIDE YOU WITH ACTUAL RECORDS OF THAT OUTLET. IF YOU RECEIVE ANY
OTHER FINANCIAL PERFORMANCE INFORMATION OR PROJECTIONS OF YOUR FUTURE INCOME, YOU SHOULD REPORT IT TO NICK-ANTHONY
ZAMUCEN IMMEDIATELY AT 800-513-1424 EXT 110 OR MAIL COMPLAINT TO 5635 N. SCOTTSDALE RD. SUITE 170, SCOTTSDALE AZ
85250 OR AT THE FEDERAL TRADE COMMISSION, AND THE APPROPRIATE STATE REGULATORY AGENCIES. ..........................................62
ITEM 20. OUTLETS AND FRANCHISEE INFORMATION........................................................................................63
ITEM 21. FINANCIAL STATEMENTS........................................................................................................................64
WE DO NOT MAKE ANY REPRESENTATIONS ABOUT A FRANCHISEE’S FUTURE FINANCIAL PERFORMANCE OR THE PAST FINANCIAL PERFORMANCE
OF COMPANY-OWNED OR FRANCHISED OUTLETS. ....................................................................................................................64
WE ALSO DO NOT AUTHORIZE OUR EMPLOYEES OR REPRESENTATIVES TO MAKE ANY SUCH REPRESENTATIONS EITHER ORALLY OR IN WRITING. IF
YOU ARE PURCHASING AN EXISTING OUTLET, HOWEVER, WE MAY PROVIDE YOU WITH ACTUAL RECORDS OF THAT OUTLET. IF YOU RECEIVE ANY
OTHER FINANCIAL PERFORMANCE INFORMATION OR PROJECTIONS OF YOUR FUTURE INCOME, YOU SHOULD REPORT IT TO NICK-ANTHONY
ZAMUCEN IMMEDIATELY AT 800-513-1424 OR MAIL COMPLAINT TO 5635 N. SCOTTSDALE RD. SUITE 170, SCOTTSDALE AZ 85250 OR
AT THE FEDERAL TRADE COMMISSION, AND THE APPROPRIATE STATE REGULATORY AGENCIES. .........................................................64
ITEM 22. CONTRACTS.............................................................................................................................................. 65
ITEM 23. RECEIPT..................................................................................................................................................... 66
5635 N. SCOTTSDALE RD. SUITE 170, SCOTTSDALE AZ 85250........................................................................................68
SEE FRANCHISE AGREEMENT ............................................................................................................................69
OPERATIONS MANUAL.......................................................................................................................................... 71
REGISTERED AGENTS..................................................................................................................................................... 74
STATE AGENCIES............................................................................................................................................................. 1
ADDENDUM FOR STATE-SPECIFIC REQUIREMENTS....................................................................................................................5
General.................................................................................................................................................................. 5
California Addendum.............................................................................................................................................. 5
(Applies only to California franchisees)..................................................................................................................5
Hawaii Addendum.................................................................................................................................................. 6
(Applies only to Hawaii franchisees).......................................................................................................................6
Illinois Addendum................................................................................................................................................... 6
(Applies only to Illinois franchisees).......................................................................................................................6
Indiana Addendum................................................................................................................................................. 7
(Applies only to Indiana franchisees)......................................................................................................................7
Bio-One Inc. FRANCHISE DISCLOSURE DOCUMENT 4
no reviews yet
Please Login to review.
