What is the purpose of the Franchisee Disclosure Questionnaire for a prospective Aplus franchisee?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
DISCLOSURE QUESTIONNAIRE**
NOTICE FOR PROSPECTIVE FRANCHISEES WHO RESIDE IN, OR WHO INTEND TO OPERATE THE FRANCHISED BUSINESS IN THE STATE OF MARYLAND: DO NOT COMPLETE THIS QUESTIONNAIRE OR TO RESPOND TO ANY OF THE QUESTIONS IN THIS QUESTIONNAIRE.
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.
| [PLEASE RESPOND WITH YES OR NO TO EACH QUESTION BELOW] |
|---|
| 1. |
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 used by Sunoco Retail LLC to determine if any unauthorized, untrue, inaccurate, or misleading statements or promises were made to the prospective franchisee. Sunoco Retail LLC is preparing to enter into a Franchise Agreement with the franchisee for the operation of an APLUS Store. The questionnaire requires prospective franchisees to provide honest and complete responses to each question.
This questionnaire helps Aplus ensure that prospective franchisees have not been given any information that deviates from what is officially disclosed in the Franchise Disclosure Document. It serves as a verification tool for Aplus to maintain consistency and accuracy in the information provided during the franchise sales process. By completing the questionnaire, the franchisee acknowledges the importance of their answers and that Aplus will rely on them.
It is important to note that prospective franchisees residing in or intending to operate the franchised business in Maryland are instructed not to complete the questionnaire or respond to any of its questions. This may be due to specific state regulations or legal considerations in Maryland regarding franchise disclosure and franchisee rights. Franchisees in all other states must complete the questionnaire truthfully.
The questionnaire also includes a section specific to Maryland residents and/or franchises to be operated in the State of Maryland, stating that representations requiring prospective franchisees to assent to a release, estoppel, or waiver of liability are not intended to act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.