Does the Amorino franchise agreement require the franchisee to read 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.
- (9) You acknowledge that you have read and that you understand the terms of this Agreement and its exhibits, and that you have had ample time and opportunity to consult with an attorney or business advisor of your choice about the potential risks and benefits of entering into this Agreement.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the franchise agreement includes an acknowledgement that the franchisee has received and read the Franchise Disclosure Document (FDD). Specifically, the franchisee acknowledges they received a complete copy of Amorino's 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. This includes an understanding of the risks associated with operating the franchised business, which they have independently investigated with their advisors. This acknowledgement is a standard practice in franchising, intended to confirm that the franchisee has had sufficient time and opportunity to review the FDD and seek professional advice before committing to the franchise.
In addition to acknowledging receipt and understanding of the FDD, the franchisee also represents that they have not relied on any representations made by Amorino or its agents regarding potential revenues, expenses, or profits of an Amorino store, except for those representations contained within the FDD itself. This clause aims to limit Amorino's liability for any claims based on verbal or extra-contractual promises. The franchisee also acknowledges 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.