In the Annex Brands Franchise Disclosure Document, what do the terms 'we' and 'us' refer to?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this disclosure document, "we" and "us" mean Annex Brands, Inc., the franchisor. "You" means the person who is considering the franchise. If you are a legal entity, certain provisions of the franchise agreement and related agreements will apply to your officers, directors, shareholders, partners, members and other owners. Those provisions are noted.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–13)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, the terms 'we' and 'us' are used to refer to Annex Brands, Inc., the franchisor. The document clarifies that 'you' refers to the person considering the franchise. If that person is a legal entity, certain provisions of the franchise agreement and related agreements will apply to the entity's officers, directors, shareholders, partners, members, and other owners.
This definition is important for prospective franchisees because it clarifies who is making the statements and promises within the FDD and the franchise agreement. When reading through the legal documents, franchisees can be certain that any obligations or representations made by 'we' or 'us' are those of Annex Brands, Inc.
Understanding this definition helps franchisees to accurately interpret the terms and conditions outlined in the FDD and the franchise agreement, ensuring they are fully aware of Annex Brands's responsibilities and commitments. This clarity is essential for making informed decisions about investing in an Annex Brands franchise.