The original documents were scanned as an image. The original file can be downloaded at the link above.

Sample UFOC

Copyright © 2006, FURLA Licensing (USA). Inc.

FURLA^

FRANCHISE OFFERING CIRCULAR

FURLA LICENSING (USA), INC. A Delaware Corporation 389 Fifth Avenue, Suite 700 New York, New York 10016 (212)213-1177

The franchisee will operate a shop selling FURLA® leather goods, shoes and accessories, either in the United States or elsewhere in the western hemisphere.

There is a $25,000 initial franchise fee. We estimate that the cost of the opening inventory of FURLA products that you must purchase from us before your franchised shop opens will range from $75,000 to $125,000, depending on season. The estimated initial investment required is from $279,000 to $474,000 (including the opening inventory but excluding real property).

SPECIAL RISK FACTORS:

THE FRANCHISE AGREEMENT PERMITS YOU TO SUE US ONLY IN NEW YORK, NEW YORK. OUT OF STATE LITIGATION MAY FORCE YOU TO ACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TO SUE US IN NEW YORK, NEW YORK THAN IN YOUR HOME STATE OR COUNTRY. YOUR STATE OR COUNTRY'S LAW MAY SUPERSEDE THIS PROVISION AND IT MAY NOT BE ENFORCEABLE IN YOUR STATE OR COUNTRY. SEE SPECIAL STATE DISCLOSURES IN THE STATE ADDENDA TO THE FRANCHISE AGREEMENT AND OFFERING CIRCULAR.

THE FRANCHISE AGREEMENT STATES THAT NEW YORK LAW GOVERNS THE AGREEMENT. THIS LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS AS THE LAW OF YOUR STATE OR COUNTRY. YOU MAY WANT TO COMPARE THESE LAWS. YOUR STATE OR COUNTRY'S LAW MAY SUPERSEDE THIS PROVISION AND IT MAY NOT BE ENFORCEABLE IN YOUR STATE. SEE SPECIAL STATE DISCLOSURES IN THE STATE ADDENDA TO THE FRANCHISE AGREEMENT AND OFFERING CIRCULAR.

YOU MUST SATISFY AN ANNUAL MINIMUM SALES REQUIREMENT. YOUR FAILURE TO DO SO WILL NOT BE GROUNDS FOR TERMINATION OF THE FRANCHISE AGREEMENT, BUT YOU WILL LOSE YOUR RIGHTS OF TERRITORIAL EXCLUSIVITY. SEE ITEM 12.

IF YOU DO NOT PURCHASE AND MAINTAIN THE REQUIRED PRODUCT INVENTORY OR MAINTAIN AN ADEQUATE CURRENT SEASON INVENTORY OF EACH CATEGORY OF FURLA® PRODUCT SUFFICIENT TO SATISFY CUSTOMER DEMAND, WE CAN TERMINATE THE FRANCHISE AGREEMENT UNLESS YOU CURE THE VIOLATION WITHIN THE TIME PROVIDED. SEE ITEMS 6, 10, 11 AND 17.

THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE.

INFORMATION ABOUT COMPARISONS OF FRANCHISORS IS AVAILABLE. CALL THE STATE ADMINISTRATORS LISTED IN EXHIBIT 3 OR YOUR PUBLIC LIBRARY FOR SOURCES OF INFORMATION.

REGISTRATION OF THIS FRANCHISE WITH THE STATE DOES NOT MEAN THAT THE STATE RECOMMENDS IT OR HAS VERIFIED THE INFORMATION IN THIS OFFERING CIRCULAR. IF LEARN THAT ANYTHING IN THE OFFERING CIRCULAR IS UNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND THE STATE ADMINISTRATORS LISTED ON EXHIBIT 3.

MULTISTATE 022106

FURLA'

The original documents were scanned as an image. The original file can be downloaded at the link above.