Does the All Team franchise agreement mention an attached questionnaire as Exhibit III?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
THE SUCCESS OF THE BUSINESS IS SPECULATIVE AND DEPENDS, TO A LARGE EXTENT, UPON THE ABILITY OF FRANCHISEE AS AN INDEPENDENT BUSINESS PERSON, AS WELL AS OTHER FACTORS. ATFC DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTY AS TO THE POTENTIAL SUCCESS OF THE BUSINESS AND NO ONE IS AUTHORIZED TO MAKE ANY SUCH REPRESENTATIONS OR WARRANTIES. YOU FURTHER ACKNOWLEDGE THAT YOU HAVE READ AND COMPLETED THE QUESTIONNAIRE, A COPY OF WHICH IS ATTACHED TO THIS AGREEMENT AS EXHIBIT III.
FRANCHISEE UNDERSTANDS AND AGREES THAT ATFC HAS NO OBLIGATION TO ACCEPT FRANCHISEE'S APPLICATION AND MAY REFUSE TO GRANT A FRANCHISE FOR ANY REASON, OR NO REASON, WITHOUT DISCLOSING THE BASIS FOR ITS DECISION. FRANCHISEE ACKNOWLEDGES THAT UNLESS AND UNTIL ATFC HAS SIGNED THIS AGREEMENT, FRANCHISEE IS NOT A FRANCHISEE OF ATFC AND MAY NOT RELY UPON BECOMING A FRANCHISEE OF ATFC.
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 includes a questionnaire as Exhibit III. The document states that the success of the business is speculative and depends on the franchisee's abilities as an independent businessperson, among other factors. It emphasizes that All Team does not make any representations or warranties about the potential success of the business, and no one is authorized to make such representations.
The agreement also states that the franchisee acknowledges reading and completing the questionnaire, which is attached as Exhibit III. Furthermore, All Team clarifies that it is under no obligation to accept the franchisee's application and may refuse to grant a franchise for any reason without disclosing the basis for its decision. The franchisee is not considered an All Team franchisee until the agreement is signed by All Team and cannot rely on becoming a franchisee until that time.
This indicates that All Team uses the questionnaire to gather information from potential franchisees and that the company assesses this information during the application process. The questionnaire appears to be a part of All Team's process to ensure that franchisees understand the risks and obligations associated with the franchise.