Does the All Team franchise agreement allow ATFC's representations made in the Franchise Disclosure Document to be disclaimed?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
No representations, inducements, promises or agreements, oral or otherwise, if any, not embodied in this Agreement shall be of any force and effect; provided, however, that nothing in this or any related agreement is intended to disclaim ATFC's representations made in the Franchise Disclosure Document that was furnished to FRANCHISEE in connection with the offering to operate an Agency.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the franchise agreement explicitly states that nothing within the agreement is intended to disclaim All Team's representations made in the Franchise Disclosure Document (FDD). This ensures that the representations made by All Team in the FDD, which was furnished to the franchisee, remain valid and enforceable.
This provision protects the franchisee by preventing All Team from later denying or disclaiming any statements or promises made in the FDD. The FDD is a crucial document that provides potential franchisees with important information about the franchise opportunity, including fees, obligations, and financial performance representations.
By affirming the validity of the FDD's representations, All Team assures franchisees that they can rely on the information provided when making their investment decision. This clause offers a level of security and transparency, which is essential in a franchise relationship. Franchisees should carefully review the FDD and understand their rights and obligations before signing the franchise agreement.