Does Aw make any representations about the past financial performance of franchised outlets?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting John Rayyan at 8 McGlashen Drive, South Barrington, IL 60010, phone: 847-322-5666, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD page 37)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, Aw does not make any representations about a franchisee's future financial performance, nor does it make representations about the past financial performance of company-owned or franchised outlets. Aw also does not authorize employees or representatives to make such representations, either orally or in writing.
However, if a prospective franchisee is purchasing an existing Aw outlet, Aw may provide the actual records of that specific outlet. The FDD stipulates that if a prospective franchisee receives any other financial performance information or projections of future income, they should report it to Aw's management, the Federal Trade Commission, and the appropriate state regulatory agencies.
This policy is relatively common in franchising. Many franchisors avoid making broad financial performance claims to avoid potential liability. Instead, they may offer limited data or encourage prospective franchisees to conduct their own due diligence. It is important for potential Aw franchisees to rely on their own investigation and business acumen rather than relying on unauthorized claims.