factual

What rights does Amorino have regarding auditing an Amorino franchisee's records?

Amorino Franchise · 2025 FDD

Answer from 2025 FDD Document

  • G.

Audit of Franchisee Records.

Amorino or its designated agent shall have the right to audit, examine and copy your books, records, accounts, and business tax returns at any time.

We also reserve the right to have an independent audit done on your books.

Source: Item 22 — CONTRACTS (FDD pages 80–81)

What This Means (2025 FDD)

According to Amorino's 2025 Franchise Disclosure Document, Amorino, or its designated agent, has the right to audit, examine, and copy a franchisee's books, records, accounts, and business tax returns at any time. This means Amorino can review all financial documents related to the operation of the franchise. Amorino also reserves the right to have an independent audit done on the franchisee's books.

This provision allows Amorino to ensure that franchisees are accurately reporting their financial performance and complying with the terms of the franchise agreement. It is a standard practice in franchising to allow the franchisor audit rights to protect the integrity of the brand and the financial interests of both parties.

For a prospective Amorino franchisee, this means they must maintain accurate and complete financial records and be prepared to provide them to Amorino upon request. Failure to maintain proper records or cooperate with an audit could result in penalties or even termination of the franchise agreement. Franchisees should consult with a financial professional to ensure they understand their obligations and are prepared for potential audits.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.