What acknowledgement does an Amorino franchisee make regarding reading and understanding the Franchise Disclosure Document?

According to Amorino's 2025 Franchise Disclosure Document, a franchisee acknowledges receiving a complete copy of the FDD at least 14 calendar days before signing the agreement or paying any consideration for the franchise rights. This 14-day period is mandated by the FTC's Franchise Rule and various state franchise laws, allowing prospective franchisees time to review the document and seek professional advice. The franchisee also acknowledges that they have read and fully understand all items disclosed in the FDD. This includes understanding the risks associated with operating the franchised business and that they have independently investigated these risks with their advisors. This acknowledgement is a standard clause in franchise agreements, intended to protect both the franchisor and franchisee by ensuring the franchisee is informed.

Furthermore, the franchisee acknowledges that they have read and understand the terms of the franchise agreement and its exhibits. They also confirm that they have had ample time and opportunity to consult with an attorney or business advisor about the potential risks and benefits of entering into the agreement. This acknowledgement is crucial as it signifies that the franchisee is entering the agreement with informed consent, having had the chance to seek independent legal and business advice. This clause aims to prevent future disputes by confirming that the franchisee was aware of the agreement's terms and had the opportunity to understand them fully.

These acknowledgements are standard practice in franchising, designed to ensure that franchisees are fully informed about the franchise opportunity before committing to the agreement. By signing these acknowledgements, the franchisee confirms they have conducted their due diligence and understand the obligations and risks involved. This helps to protect Amorino from potential legal challenges based on claims of misrepresentation or lack of disclosure. Prospective franchisees should take these acknowledgements seriously and ensure they fully understand the FDD and franchise agreement before signing.