Does Anago prohibit franchisees from obtaining a Unit Franchise for speculative or investment purposes?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
(a) YOUR SUCCESS IN OWNING AND OPERATING THE ANAGO UNIT FRANCHISE IS SPECULATIVE AND DEPENDS ON MANY FACTORS INCLUDING, TO A LARGE EXTENT, YOUR INDEPENDENT BUSINESS ABILITY. NO REPRESENTATIONS OR PROMISES, EXPRESS OR IMPLIED, HAVE BEEN MADE BY US OR ANY OF OUR OFFICERS, DIRECTORS, EMPLOYEES, BROKERS OR REPRESENTATIVES, TO INDUCE YOU TO ENTER INTO THIS AGREEMENT EXCEPT AS INCLUDED IN THIS AGREEMENT. NO OFFICER, DIRECTOR,
EMPLOYEE, BROKER OR REPRESENTATIVE IS AUTHORIZED TO DO OTHERWISE.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the agreement includes an acknowledgment of risk, stating that a franchisee's success is speculative. Specifically, Section 15.6(a) of the agreement states that success depends on many factors, including the franchisee's independent business ability.
This acknowledgment means that Anago does not guarantee any level of success or profitability. Prospective franchisees should understand that their own skills and efforts will significantly impact their Anago franchise's performance. Anago makes no express or implied promises beyond what is included in the agreement.
While the FDD acknowledges the speculative nature of the business, it does not explicitly prohibit franchisees from obtaining a Unit Franchise for speculative or investment purposes. However, the acknowledgment of risk serves as a caution that success is not guaranteed and depends largely on the franchisee's abilities.