Will any affiliates of All Dogs Unleashed guarantee a franchisee's note?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
As described in Item 15, the franchisee's "Owners" must sign a personal guaranty and agree to be personally bound to the franchise agreement.
Source: Item 10 — FINANCING (FDD page 20)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the All Dogs Unleashed franchise agreement requires the franchisee's owners to sign a personal guarantee, binding them to the agreement. The FDD mentions that the franchisee's "Owners" must sign a personal guaranty and agree to be personally bound to the franchise agreement as described in Item 15. However, the document does not specify whether All Dogs Unleashed or its affiliates will guarantee a franchisee's note, meaning a loan or other financial obligation.
Prospective franchisees should note that while the franchisor requires a personal guarantee from the franchisee's owners, this is different from the franchisor or its affiliates guaranteeing the franchisee's financial obligations. The personal guarantee means the franchisee's owners are personally liable for the business's obligations under the franchise agreement.
Therefore, it is important for potential All Dogs Unleashed franchisees to directly ask the franchisor whether they or any of their affiliates offer guarantees for a franchisee's financial notes or obligations. This information is crucial for franchisees seeking financing, as a guarantee from the franchisor could significantly impact their ability to secure loans and the terms of those loans.