What acknowledgement does an Amorino franchisee make regarding representations made outside of the Franchise Disclosure Document?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) Except for representations contained in Amorino's Franchise Disclosure Document provided to you in conjunction with this franchise offering, you represent that neither Amorino nor its agents or representatives have made any representations, and you have not relied on representations made by Amorino or its agents or representatives, concerning actual or potential gross revenues, expenses or profit of an Amorino Store.
- (8) You acknowledge that you have received a complete copy of Amorino's Franchise Disclosure Document at least 14 calendar days before you signed this Agreement or paid any consideration to Amorino for your franchise rights. You further acknowledge that you have read and understand fully all the items disclosed to you in the Franchise Disclosure Document and have investigated independently and with your advisors all of the risks associated with operating the Franchised Business.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, a franchisee acknowledges that, except for the representations contained within the Franchise Disclosure Document itself, neither Amorino nor its agents have made any representations regarding potential revenues, expenses, or profits of an Amorino store. The franchisee also acknowledges that they have not relied on any representations made outside of the FDD. This acknowledgement is a standard legal protection for franchisors.
This means that any claims or promises made by Amorino representatives during the sales process that are not explicitly stated in the FDD are not binding. Prospective franchisees should rely solely on the information provided in the FDD and their own independent research when making their investment decision. This includes verifying any financial projections or performance claims with independent sources and conducting thorough due diligence.
Amorino also requires the franchisee to acknowledge that they received a complete copy of the FDD at least 14 calendar days before signing the agreement or paying any consideration for the franchise rights. Furthermore, the franchisee acknowledges that they have read and fully understand all items disclosed in the FDD and have independently investigated all risks associated with operating the franchised business with their advisors.
This acknowledgement underscores the importance of carefully reviewing the FDD and seeking professional advice before investing in an Amorino franchise. It also highlights the franchisee's responsibility to conduct their own due diligence and not rely solely on representations made outside of the official disclosure document.