Glossary · People and paperwork
FDD Addendum(Franchise Disclosure Document Addendum)
In short
A separate document that modifies or updates the standard Franchise Disclosure Document (FDD). For a buyer, it contains critical, recent changes to the franchise offering.
What it means in a deal
When buying an existing franchise, you'll review the FDD to understand the franchisor's terms. An FDD Addendum often contains state-specific disclosures or recent updates since the last FDD filing. Always ensure you receive and carefully review any addenda, as they can significantly impact your rights and obligations as a franchisee.
Related terms
Common questions about FDD Addendum
Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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