OFFICIAL FILING · MN · 2017
American Express Travel Related Services FDD (Franchise Disclosure Document) — 2017
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). American Express Travel Related Services's most recent FDD tracked here was filed in 2017 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2017 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $30K |
| ITEM 7 | Total initial investment | $30K–$50K |
| ITEM 3 | Disclosed litigation matters | 43 |
| ITEM 19 | Earnings disclosure (FPR) | None — no earnings claim published |
| ITEM 20 | Outlets (fiscal 2016) | 10 franchised at year end · 0 exits |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — PricewaterhouseCoopers LLP |
Citation discipline: every figure above is extracted from the 2017 American Express Travel Related Services FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
American Express Travel Related Services FDD questions, answered
Where can I download the American Express Travel Related Services FDD for free?
American Express Travel Related Services's 2017 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is American Express Travel Related Services's most recent FDD on file?
The most recent American Express Travel Related Services FDD tracked here was filed in 2017 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does American Express Travel Related Services's FDD disclose earnings (Item 19)?
No — American Express Travel Related Services's 2017 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim.
What does American Express Travel Related Services's FDD Item 20 show?
In fiscal 2016, American Express Travel Related Services ended with 10 franchised outlets; 0 of 0 open at the start of the year left the system (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing American Express Travel Related Services's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →