Is the Aplus Franchisee Disclosure Questionnaire intended to identify unauthorized statements or promises?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
As you know, Sunoco Retail LLC and you are preparing to enter into a Franchise Agreement for the operation of an APLUS Store. In this Franchisee Disclosure Questionnaire, Sunoco Retail LLC will be referred to as "we" or "us." The purpose of this Questionnaire is to determine whether any statements or promises were made to you that we did not authorize and that may be untrue, inaccurate or misleading. Please review each of the following questions carefully and provide honest and complete responses to each question.
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire is designed to uncover any unauthorized statements or promises made to prospective franchisees. The questionnaire aims to determine if any representations were made that Aplus did not authorize and that may be untrue, inaccurate, or misleading. This helps Aplus ensure that prospective franchisees receive consistent and accurate information during the franchise sales process.
The questionnaire asks potential Aplus franchisees to confirm whether any employee or person speaking on behalf of Aplus made statements or promises about the Aplus store that contradict the information in the disclosure document. This includes statements about potential revenues or profits. Franchisees are required to answer truthfully, as Aplus will rely on their responses.
However, the document states that prospective franchisees who reside in, or who intend to operate the franchised business in the State of Maryland should not complete the questionnaire or respond to any of the questions in the questionnaire. This may be due to specific state regulations or legal considerations in Maryland. The Franchise Disclosure Questionnaire is included as Exhibit F to the disclosure document.