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The document provides guidance on reviewing franchise agreements carefully, receiving the disclosure at least 14 days before signing or payment, and understanding general franchising considerations such as fees, contract changes, supplier and operating restrictions, renewal limits, and competition.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/franchise-disclosure-document-issuance-date-march-31-2025/563173/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/franchise-disclosure-document-issuance-date-march-31-2025/563173.png","ImageObject",442,249,{"name":88,"@type":89},"Angel","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-18","2026-10-12",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"When must the disclosure document be received before signing or making payment?","Question",{"text":108,"@type":109},"The disclosure document must be received at least 14 calendar days before signing a binding agreement or making any payment to the franchisor or an affiliate for the proposed franchise sale.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What topics does the document recommend reviewing to estimate earnings and investment?",{"text":113,"@type":109},"It points to Item 19 for information about outlet sales, costs, profits, or losses, and to Items 5 and 6 for fees, Item 7 for initial investment to open, and Item 8 for required suppliers.",{"name":115,"@type":106,"acceptedAnswer":116},"What general franchising risks does the document highlight regarding fees and contract control?",{"text":117,"@type":109},"It notes that royalties and other fees may be owed even during losses, that the franchisor may change manuals and the business model without your consent, and that such changes could require additional investment or harm the franchise business.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},563173,1792363665,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":9,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":141},687207412472,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","FRANCHISE DISCLOSURE DOCUMENT  \nMIF, L.L.C.  \na Delaware limited liability company  \n7750 Wisconsin Avenue  \nBethesda, Maryland 20814  \n(301) 380-3000  \n[nalolodgingdev@marriott.com](nalolodgingdev@marriott.com)  \n[www.marriott.com](www.marriott.com)  \nThe franchisee will establish and operate a full-service hotel that will be designated as a member of“The Luxury Collection.”  \nThe total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $154,995,890 to $251,805,390 for a 200-guestroom hotel. This includes approximately $310,200 to $423,500 that must be paid to the franchisor or an affiliate.  \nThis 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 this disclosure document at least 14 calendar days before you sign a binding agreement with, or make any payment to, the franchisor or an affiliate in connection with the proposed franchise sale.  \nNote, however, that no governmental agency has verified the information contained in this document.  \nYou 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 Franchise Development at [nalolodgingdev@marriott.com](nalolodgingdev@marriott.com) or (301) 380-3000.  \nThe 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 advisor, like a lawyer or an accountant.  \nBuying 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, D.C. 20580. You can also visit the FTC’s home page at [www.ftc.gov](www.ftc.gov for additional)[ for additional](www.ftc.gov for additional) information. Call your state agency or visit your public library for other sources of information on franchising.  \nThere may also be laws on franchising in your state. Ask your state agencies about them. Issuance Date: March 31, 2025  \nHow to Use This Franchise Disclosure Document  \nHere are some questions you may be asking about buying a franchise and tips on how to find more information:  \n\n| QUESTION | WHERE TO FIND INFORMATION |\n| --- | --- |\n| How much can I earn? | Item 19 may give you information about outlet sales, costs, profits, or losses. You should also try to obtain this information from others, like current and former franchisees. You can find their names and contact information in Item 20 or Exhibits M and N. |\n| How much will I need to invest? | Items 5 and 6 list fees you will be paying to the franchisor or at the franchisor’s direction. Item 7 lists the initial investment to open. Item 8 describes the suppliers you must use. |\n| Does the franchisor have the financial ability to provide support to my business? | Item 21 or Exhibit J includes financial statements. Review these statements carefully. |\n| Is the franchise system stable, growing, or shrinking? | Item 20 summarizes the recent history of the number of company-owned and franchised outlets. |\n| Will my business be the only The Luxury Collection hotel business in my area? | Item 12 and the “territory” provisions in the franchise agreement describe whether the franchisor and other franchisees can compete with you. |\n| Does the franchisor have a troubled legal history? | Items 3 and 4 ","cbCaiiVybZsRx3hE","https://ap.wps.com/l/cbCaiiVybZsRx3hE","pdf",5149113,514,"English","# How to Use This Franchise Disclosure Document\n## Questions to consider before buying\n# What You Need to Know About Franchising Generally","[{\"question\":\"When must the disclosure document be received before signing or making payment?\",\"answer\":\"The disclosure document must be received at least 14 calendar days before signing a binding agreement or making any payment to the franchisor or an affiliate for the proposed franchise sale.\"},{\"question\":\"What topics does the document recommend reviewing to estimate earnings and investment?\",\"answer\":\"It points to Item 19 for information about outlet sales, costs, profits, or losses, and to Items 5 and 6 for fees, Item 7 for initial investment to open, and Item 8 for required suppliers.\"},{\"question\":\"What general franchising risks does the document highlight regarding fees and contract control?\",\"answer\":\"It notes that royalties and other fees may be owed even during losses, that the franchisor may change manuals and the business model without your consent, and that such changes could require additional investment or harm the franchise business.\"}]","Franchise Disclosure Document - Issuance Date March 31, 2025 | PDF",1791819329,180]