Does the All Team franchise receipt require acknowledgement that disruptions may result in reduced customer demand for the All Team franchise?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| FDD? | |
|---|---|
| Yes | |
| No | |
| 11. | Has any employee or other person speaking on behalf of the Franchisor made any statement |
| or promise concerning the likelihood of success that you should or might expect to achieve | |
| from operating the business? | |
| Yes | |
| No | |
| 12. | Has any employee or other person speaking on behalf of the Franchisor made any |
| statement, promise or agreement concerning the advertising, marketing, training, support | |
| service or assistance that the Franchisor will furnish to you that is contrary to, or different | |
| from, the information contained in the FDD? | |
| Yes | |
| No | |
| 13. | Do you understand that this franchise business may be impacted by other risks, including |
| those outside your or our control such as local, national or global economic, political or | |
| social disruption, such as the 2020 COVID-19 outbreak and that such disruptions, and any | |
| preventative, protective, or remedial actions that federal, state, and local governments may | |
| take in response to a disruption may result in a period of business disruption, reduced | |
| customer demand, and reduced operations? | |
| Yes | |
| No | |
| * | |
| * | |
| * | |
| Please understand that your responses to these questions are important to us and that we | |
| will rely on them. | |
| By signing this Questionnaire, you are representing that you have responded truthfully to | |
| the above questions. You are also representing that you have reviewed all of these questions and | |
| the answers with the other owners of the business and any of your representatives who had | |
| discussions with the Franchisor or any of its officers, agents, or employees. The responses from | |
| those people are also included by you above. |
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the franchise receipt includes an acknowledgement that business disruptions may lead to reduced customer demand. Specifically, the receipt asks the franchisee to confirm their understanding that the business may be impacted by risks outside of their control. These risks include local, national, or global economic, political, or social disruptions, such as the COVID-19 outbreak.
The receipt further clarifies that preventative, protective, or remedial actions taken by federal, state, and local governments in response to a disruption may result in a period of business disruption, reduced customer demand, and reduced operations for the All Team franchise. This acknowledgement is presented as a question with a 'Yes' or 'No' response option, indicating that the franchisee must acknowledge this understanding.
This acknowledgement serves to inform the franchisee of potential risks associated with operating an All Team franchise and ensures they are aware that external factors can impact their business. By signing the questionnaire, the franchisee represents that they have responded truthfully to the questions and have reviewed the questions and answers with other owners and representatives. This process aims to ensure that all parties involved are aware of the potential risks and understand the implications of these risks on the franchise's operations and financial performance.