Does Annex Brands require franchisee owners to have specific characteristics for franchise approval?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| I/we, Brands, Inc. ("Franchisor"), in its sole discretion and as it deems necessary, to investigate Franchisee's background. Franchisee understands that Franchisor may use an outside firm(s) to assist it in checking such information, and Franchisee specifically authorizes such an investigation by information services and outside entities of the Franchisor's choice. Franchisee understands that Franchisee may withhold permission and that in such a case, no investigation will be done, however, the execution of the Franchise Agreement by Franchisor may not be processed. | ("Franchisee"), hereby authorize Annex |
|---|---|
| Franchisee hereby authorizes a representative of the Franchisor bearing this release to obtain any | |
| information from credit reporting agencies, employers, individuals, schools, residences or criminal | |
| justice agencies relating to Franchisee's activities, in Franchisor's sole discretion and as Franchisor | |
| deems necessary. This information may include, but is not limited to, academic, achievement, | |
| arrest, attendance, conviction, credit, disciplinary, performance, personal history and residential | |
| records. Franchisee hereby directs you to release such information on request of the bearer. | |
| Franchisee hereby releases and holds harmless any individual, including but not limited to record | |
| custodians, from any and all liability, whether from negligence or violation or any other applicable | |
| legal standard that may potentially result from the release and/or use of such information. | |
| FRANCHISEE: | |
| By: | |
| Name/Title: | |
| Date: | |
| By: | |
| Name/Title: |
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, Annex Brands has the right to investigate a franchisee's background as it deems necessary.
The FDD states that Annex Brands may use outside firms to assist in checking a franchisee's information, and the franchisee authorizes such an investigation by information services and outside entities of Annex Brands' choice. The franchisee can withhold permission, but Annex Brands may not process the Franchise Agreement in such a case.
Annex Brands is authorized to obtain any information from credit reporting agencies, employers, individuals, schools, residences, or criminal justice agencies relating to the franchisee's activities, in Annex Brands' sole discretion. This information may include academic achievement, arrest, attendance, conviction, credit, disciplinary, performance, personal history, and residential records.