Does the All Team franchise receipt require acknowledgement that the success of the franchise depends on various factors?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | Have you received and personally reviewed the Franchise Agreement and each exhibit and schedule attached to it? Yes No |
|---|---|
| 2. 3. | Have you received and personally reviewed the Franchisor's Franchise Disclosure Document (the "FDD") that Franchisor provided to you? Yes No |
| 4. | Did you sign a receipt for the FDD indicating the date you received it? |
| Yes | |
| No | |
| 5. | Date on which you received the FDD and related Exhibits explaining the All Team |
| Franchise. | |
| , 20 | |
| (month, day) | |
| 6. | Date on which you received a completed copy, other than signatures, of the Franchise |
| Agreement. | |
| , 20 | |
| (month, day) | |
| 7. | Date on which you signed the Franchise Agreement. |
| , 20 | |
| (month, day) | |
| 8. | Were you given the opportunity to discuss the benefits and risks of operating an All Team |
| franchise with an attorney, accountant, or other professional advisor, and do you | |
| understand those risks? | |
| Yes | |
| No | |
| 9. | Do you understand that the success or failure of your franchise will depend in large part |
| upon your skills and abilities, competition from other businesses, interest rates, inflation, | |
| labor and supply costs, lease terms and other economic and business factors? | |
| Yes | |
| No |
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire includes an acknowledgement that the success or failure of the franchise depends on various factors. Specifically, prospective franchisees must confirm their understanding that their skills and abilities, competition, interest rates, inflation, labor and supply costs, lease terms, and other economic and business factors will significantly impact their franchise's performance. This acknowledgement is part of a broader questionnaire designed to ensure that franchisees have not received any unauthorized or misleading promises from All Team.
This requirement serves to highlight the inherent risks and external influences that can affect the profitability of an All Team franchise. By acknowledging these factors, franchisees demonstrate that they are entering the agreement with a realistic understanding of the business environment. This helps to protect both the franchisee and All Team by setting clear expectations and reducing the potential for future disputes based on unrealistic projections.
Many franchise systems include similar acknowledgements in their disclosure documents and franchise agreements. This practice is intended to promote transparency and ensure that franchisees are aware of the various factors that can influence their business's success. Prospective All Team franchisees should carefully consider these factors and conduct thorough due diligence to assess the potential risks and opportunities in their specific market before investing in the franchise.