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FRANCHISE DISCLOSURE DOCUMENT
MKG Enterprises Corp
a California corporation
1328 N Wishon Ave
Fresno, CA 93728
(866) 675-3933
www.mkgtax.com
E-mail: ​marshawn@mkgfinancialgroup.com
The franchise is the right to operate a business that offers tax preparation services and other financial and
related products and services under the ​MKG Tax Consultants ​brand and system.
The total investment necessary to begin operation of a standard MKG Tax Consultants business is
$8,500 to ​$15,500 and for a ​virtual tax office and or kiosk location is ​$4,500 to ​$9,000​. This
includes a non-refundable application fee of ​ $500​ to ​$1,000​ that must be paid to us.
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 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. ​Note, however, that no governmental agency has verified the
information contained in this Disclosure 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 Erin Frey, our Franchise
Administration and Compliance Officer, 4974 N Fresno Street Suite 627 Fresno, CA 93726, (866)
675-3933, ​erin@mkgfinancialgroup.com
The terms of your contract will govern your franchise relationship. Do not 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 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.
Issuance Date: May 16, 2018
STATE COVER PAGE
Your state may have a franchise law that requires a franchisor to register or file with a 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 B 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
YOUR 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 RESOLVE DISPUTES
WITH US BY LITIGATION OR ARBITRATION ONLY WHERE WE HAVE OUR
PRINCIPAL PLACE OF BUSINESS (CURRENTLY NEW JERSEY). OUT-OF-STATE
LITIGATION OR ARBITRATION MAY FORCE YOU TO ACCEPT A LESS
FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TO
LITIGATE OR ARBITRATE WITH US IN NEW JERSEY THAN IN YOUR OWN STATE.
2. ​THE FRANCHISE AGREEMENT STATES THAT NEW JERSEY LAW
GOVERNS THE AGREEMENT, AND THIS LAW MAY NOT PROVIDE THE SAME
PROTECTIONS AND BENEFITS AS LOCAL LAW. YOU MAY WANT TO COMPARE
THESE LAWS.
3. ​IF YOU ARE MARRIED, YOUR SPOUSE MAY UNDER CERTAIN
CIRCUMSTANCES BE REQUIRED TO A SIGN A GUARANTY OF THE
FRANCHISEE’S UNDERTAKINGS, WHICH COULD MAKE YOUR SPOUSE JOINTLY
AND SEVERALLY LIABLE FOR YOUR OBLIGATIONS UNDER THE FRANCHISE
AGREEMENT AND OTHER CONTRACTS, AND COULD PLACE YOUR SPOUSE’S
PERSONAL ASSETS AT RISK.
THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE.
We may use the services of one or more FRANCHISE BROKERS or referral sources to assist
us in selling our franchises. 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.
Certain states require franchisors to make additional disclosures related to the information
contained in this Disclosure Document. Those disclosures will be furnished to you in an addendum
attached as Exhibit A to this Disclosure Document.
Effective Date: See the next page for state effective dates.
STATE EFFECTIVE DATES
The following states require that the Franchise Disclosure Document be registered or filed with
the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland,
Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia,
Washington and Wisconsin.
This Disclosure Document is registered or exempt from registration in the following states
having franchise registration and disclosure laws, with the following effective dates:
State Effective Date
California Exempt
Hawaii Pending
Illinois Exempt
Indiana Exempt
Maryland Exemption Pending
Michigan July 27, 2018
Minnesota Pending
New York Exempt
North
Dakota
Exemption Pending
Rhode
Island
Exemption Pending
South
Dakota
July 27, 2018
Virginia Exemption Pending
Washington Pending
Wisconsin July 27, 2018
In all other states, the effective date of this Disclosure Document is the issuance date of May 16, 2018.
THE FOLLOWING APPLY TO TRANSACTIONS GOVERNED BY MICHIGAN
FRANCHISE INVESTMENT LAW ONLY
THE STATE OF MICHIGAN PROHIBITS CERTAIN UNFAIR PROVISIONS THAT
ARE SOMETIMES IN FRANCHISE DOCUMENTS. IF ANY OF THE FOLLOWING
PROVISIONS ARE IN THESE FRANCHISE DOCUMENTS, THE PROVISIONS ARE
VOID AND CANNOT BE ENFORCED AGAINST YOU.
(a)​ ​A prohibition on the right of a franchisee to join an association of franchisees.
(b) ​A requirement that a franchisee assent to a release, assignment, novation, waiver,
or estoppel which deprives a franchisee of rights and protections provided in the Michigan
Franchise Investment Act. This shall not preclude a franchisee, after entering into a
franchise agreement, from settling any and all claims.
(c) ​A provision that permits a franchisor to terminate a franchise prior to the
expiration of its term except for good cause. Good cause shall include the failure of the
franchisee to comply with any lawful provision of the franchise agreement and to cure
such failure after being given written notice thereof and a reasonable opportunity, which in
no event need be more than 30 days, to cure such failure.
(d) ​A provision that permits a franchisor to refuse to renew a franchise without fairly
compensating the franchisee by repurchase or other means for the fair market value at the
time of expiration of the franchisee’s inventory, supplies, equipment, fixtures, and
furnishings. Personalized materials which have no value to the franchisor and inventory,
supplies, equipment, fixtures, and furnishings not reasonably required in the conduct of the
franchise business are not subject to compensation. This subsection applies only if: (i) the
term of the franchise is less than 5 years and (ii) the franchisee is prohibited by the
franchise or other agreement from continuing to conduct substantially the same business
under another trademark, service mark, trade name, logotype, advertising, or other
commercial symbol in the same area subsequent to the expiration of the franchise or the
franchisee does not receive at least 6 months advance notice of franchisor’s intent not to
renew the franchise.
(e) ​A provision that permits the franchisor to refuse to renew a franchise on terms
generally available to other franchisees of the same class or type under similar
circumstances. This section does not require a renewal provision.
(f) ​A provision requiring that arbitration or litigation be conducted outside this state.
This shall not preclude the franchisee from entering into an agreement, at the time of
arbitration, to conduct arbitration at a location outside this state.
(g) ​A provision which permits a franchisor to refuse to permit a transfer of ownership
of a franchise, except for good cause. This subdivision does not prevent a franchisor from
exercising a right of first refusal to purchase the franchise. Good cause shall include, but is
not limited to:
(i) ​The failure of the proposed transferee to meet the franchisor’s then current reasonable
qualifications or standards.
(ii)​ ​The fact that the proposed transferee is a competitor of the franchisor or subfranchisor.
(iii) ​The unwillingness of the proposed transferee to agree in writing to comply with all
lawful obligations.
(iv) ​The failure of the franchisee or proposed transferee to pay any sums owing to the
franchisor or to cure any default in the franchise agreement existing at the time of the proposed
transfer.
(h) ​A provision that requires the franchisee to resell to the franchisor items that are
not uniquely identified with the franchisor. This subdivision does not prohibit a provision
that grants to a franchisor a right of first refusal to purchase the assets of a franchise on the
same terms and conditions as a bona fide third party willing and able to purchase those
assets, nor does this subdivision prohibit a provision that grants the franchisor the right to
acquire the assets of a franchise for the market or appraised value of such assets if the
franchisee has breached the lawful provisions of the franchise agreement and has failed to
cure the breach in the manner provided in subdivision (c).
(i) ​A provision which permits the franchisor to directly or indirectly convey, assign,
or otherwise transfer its obligations to fulfill contractual obligations to the franchisee
unless provision has been made for providing the required contractual services.
If the franchisor’s most recent financial statements are unaudited and show a net worth of
less than $100,000, the franchisor shall, at the request of a franchisee, arrange for the
escrow of initial investment and other funds paid by the franchisee until the obligations to
provide real estate, improvements, equipment, inventory, training, or other items included
in the franchise offering are fulfilled. At the option of the franchisor, a surety bond may be
provided in place of escrow.
THE FACT THAT THERE IS A NOTICE OF THIS OFFERING ON FILE WITH THE
ATTORNEY GENERAL DOES NOT CONSTITUTE APPROVAL,
RECOMMENDATION, OR ENFORCEMENT BY THE ATTORNEY GENERAL.
Any questions regarding this notice should be directed to:
Department of Justice
Department of Consumer Affairs
1625 N Market Blvd, Sacramento, CA 95834
(800) 952-5210
Note: Despite subparagraph (f) above, we intend, and we and you agree to fully enforce
the arbitration provision of the Franchise Agreement. We believe that paragraph (f) is
unconstitutional and cannot preclude us from enforcing these arbitration provisions. You
acknowledge that we will seek to enforce this section as written.

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Mkg Tax Consultants Franchise Disclosure Document

  • 1. FRANCHISE DISCLOSURE DOCUMENT MKG Enterprises Corp a California corporation 1328 N Wishon Ave Fresno, CA 93728 (866) 675-3933 www.mkgtax.com E-mail: ​marshawn@mkgfinancialgroup.com The franchise is the right to operate a business that offers tax preparation services and other financial and related products and services under the ​MKG Tax Consultants ​brand and system. The total investment necessary to begin operation of a standard MKG Tax Consultants business is $8,500 to ​$15,500 and for a ​virtual tax office and or kiosk location is ​$4,500 to ​$9,000​. This includes a non-refundable application fee of ​ $500​ to ​$1,000​ that must be paid to us. 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 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. ​Note, however, that no governmental agency has verified the information contained in this Disclosure 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 Erin Frey, our Franchise Administration and Compliance Officer, 4974 N Fresno Street Suite 627 Fresno, CA 93726, (866) 675-3933, ​erin@mkgfinancialgroup.com The terms of your contract will govern your franchise relationship. Do not 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 accountant.
  • 2. 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. Issuance Date: May 16, 2018 STATE COVER PAGE Your state may have a franchise law that requires a franchisor to register or file with a 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 B 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 YOUR 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 RESOLVE DISPUTES WITH US BY LITIGATION OR ARBITRATION ONLY WHERE WE HAVE OUR PRINCIPAL PLACE OF BUSINESS (CURRENTLY NEW JERSEY). OUT-OF-STATE LITIGATION OR ARBITRATION MAY FORCE YOU TO ACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TO LITIGATE OR ARBITRATE WITH US IN NEW JERSEY THAN IN YOUR OWN STATE. 2. ​THE FRANCHISE AGREEMENT STATES THAT NEW JERSEY LAW GOVERNS THE AGREEMENT, AND THIS LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS AS LOCAL LAW. YOU MAY WANT TO COMPARE THESE LAWS. 3. ​IF YOU ARE MARRIED, YOUR SPOUSE MAY UNDER CERTAIN CIRCUMSTANCES BE REQUIRED TO A SIGN A GUARANTY OF THE FRANCHISEE’S UNDERTAKINGS, WHICH COULD MAKE YOUR SPOUSE JOINTLY AND SEVERALLY LIABLE FOR YOUR OBLIGATIONS UNDER THE FRANCHISE AGREEMENT AND OTHER CONTRACTS, AND COULD PLACE YOUR SPOUSE’S PERSONAL ASSETS AT RISK.
  • 3. THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE. We may use the services of one or more FRANCHISE BROKERS or referral sources to assist us in selling our franchises. 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. Certain states require franchisors to make additional disclosures related to the information contained in this Disclosure Document. Those disclosures will be furnished to you in an addendum attached as Exhibit A to this Disclosure Document. Effective Date: See the next page for state effective dates. STATE EFFECTIVE DATES The following states require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. This Disclosure Document is registered or exempt from registration in the following states having franchise registration and disclosure laws, with the following effective dates: State Effective Date California Exempt Hawaii Pending Illinois Exempt Indiana Exempt Maryland Exemption Pending Michigan July 27, 2018 Minnesota Pending New York Exempt North Dakota Exemption Pending Rhode Island Exemption Pending South Dakota July 27, 2018 Virginia Exemption Pending Washington Pending
  • 4. Wisconsin July 27, 2018 In all other states, the effective date of this Disclosure Document is the issuance date of May 16, 2018. THE FOLLOWING APPLY TO TRANSACTIONS GOVERNED BY MICHIGAN FRANCHISE INVESTMENT LAW ONLY THE STATE OF MICHIGAN PROHIBITS CERTAIN UNFAIR PROVISIONS THAT ARE SOMETIMES IN FRANCHISE DOCUMENTS. IF ANY OF THE FOLLOWING PROVISIONS ARE IN THESE FRANCHISE DOCUMENTS, THE PROVISIONS ARE VOID AND CANNOT BE ENFORCED AGAINST YOU. (a)​ ​A prohibition on the right of a franchisee to join an association of franchisees. (b) ​A requirement that a franchisee assent to a release, assignment, novation, waiver, or estoppel which deprives a franchisee of rights and protections provided in the Michigan Franchise Investment Act. This shall not preclude a franchisee, after entering into a franchise agreement, from settling any and all claims. (c) ​A provision that permits a franchisor to terminate a franchise prior to the expiration of its term except for good cause. Good cause shall include the failure of the franchisee to comply with any lawful provision of the franchise agreement and to cure such failure after being given written notice thereof and a reasonable opportunity, which in no event need be more than 30 days, to cure such failure. (d) ​A provision that permits a franchisor to refuse to renew a franchise without fairly compensating the franchisee by repurchase or other means for the fair market value at the time of expiration of the franchisee’s inventory, supplies, equipment, fixtures, and furnishings. Personalized materials which have no value to the franchisor and inventory, supplies, equipment, fixtures, and furnishings not reasonably required in the conduct of the franchise business are not subject to compensation. This subsection applies only if: (i) the term of the franchise is less than 5 years and (ii) the franchisee is prohibited by the franchise or other agreement from continuing to conduct substantially the same business under another trademark, service mark, trade name, logotype, advertising, or other commercial symbol in the same area subsequent to the expiration of the franchise or the franchisee does not receive at least 6 months advance notice of franchisor’s intent not to renew the franchise. (e) ​A provision that permits the franchisor to refuse to renew a franchise on terms generally available to other franchisees of the same class or type under similar circumstances. This section does not require a renewal provision. (f) ​A provision requiring that arbitration or litigation be conducted outside this state. This shall not preclude the franchisee from entering into an agreement, at the time of arbitration, to conduct arbitration at a location outside this state. (g) ​A provision which permits a franchisor to refuse to permit a transfer of ownership of a franchise, except for good cause. This subdivision does not prevent a franchisor from
  • 5. exercising a right of first refusal to purchase the franchise. Good cause shall include, but is not limited to: (i) ​The failure of the proposed transferee to meet the franchisor’s then current reasonable qualifications or standards. (ii)​ ​The fact that the proposed transferee is a competitor of the franchisor or subfranchisor. (iii) ​The unwillingness of the proposed transferee to agree in writing to comply with all lawful obligations. (iv) ​The failure of the franchisee or proposed transferee to pay any sums owing to the franchisor or to cure any default in the franchise agreement existing at the time of the proposed transfer. (h) ​A provision that requires the franchisee to resell to the franchisor items that are not uniquely identified with the franchisor. This subdivision does not prohibit a provision that grants to a franchisor a right of first refusal to purchase the assets of a franchise on the same terms and conditions as a bona fide third party willing and able to purchase those assets, nor does this subdivision prohibit a provision that grants the franchisor the right to acquire the assets of a franchise for the market or appraised value of such assets if the franchisee has breached the lawful provisions of the franchise agreement and has failed to cure the breach in the manner provided in subdivision (c). (i) ​A provision which permits the franchisor to directly or indirectly convey, assign, or otherwise transfer its obligations to fulfill contractual obligations to the franchisee unless provision has been made for providing the required contractual services. If the franchisor’s most recent financial statements are unaudited and show a net worth of less than $100,000, the franchisor shall, at the request of a franchisee, arrange for the escrow of initial investment and other funds paid by the franchisee until the obligations to provide real estate, improvements, equipment, inventory, training, or other items included in the franchise offering are fulfilled. At the option of the franchisor, a surety bond may be provided in place of escrow. THE FACT THAT THERE IS A NOTICE OF THIS OFFERING ON FILE WITH THE ATTORNEY GENERAL DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION, OR ENFORCEMENT BY THE ATTORNEY GENERAL. Any questions regarding this notice should be directed to: Department of Justice Department of Consumer Affairs 1625 N Market Blvd, Sacramento, CA 95834 (800) 952-5210 Note: Despite subparagraph (f) above, we intend, and we and you agree to fully enforce the arbitration provision of the Franchise Agreement. We believe that paragraph (f) is
  • 6. unconstitutional and cannot preclude us from enforcing these arbitration provisions. You acknowledge that we will seek to enforce this section as written.