Is an All Team franchisee required to provide honest and complete responses to the Franchisee Disclosure Questionnaire?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
y claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
ALL TEAM FRANCHISE CORPORATION By:# EXHIBIT III
FRANCHISEE DISCLOSURE QUESTIONNAIRE
As you know, All Team Franchise Corporation (the "Franchisor") and you are preparing to enter into a Franchise Agreement for the operation of an All Team franchise. The purpose of this Questionnaire is to determine whether any statements of promises were made to you that the Franchisor has not authorized and that may be untrue, inaccurate or misleading. Please review each of the following questions and provide honest and complete responses to each question.
| 1. | Have you received and personally reviewed the Franchise Agreement and each exhibit and schedule attached to it?
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, prospective franchisees are required to provide honest and complete responses to the Franchisee Disclosure Questionnaire. The purpose of this questionnaire is to determine if any unauthorized statements or promises were made to the franchisee that may be untrue, inaccurate, or misleading.
All Team relies on the franchisee's responses to the questionnaire. By signing the questionnaire, the franchisee represents that they have responded truthfully to all questions. The franchisee also confirms that they have reviewed all questions and answers with any other business owners and representatives who had discussions with All Team or its representatives. The responses from those individuals are also included in the franchisee's representation.
This requirement ensures that All Team has accurate information regarding the franchisee's understanding of the franchise opportunity and any representations made during the sales process. It also protects All Team from potential disputes arising from misunderstandings or unauthorized promises. Franchisees should take the questionnaire seriously and provide truthful and comprehensive answers to avoid future complications.