Does Bath Tune Up guarantee any notes, leases, or obligations?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not guarantee any notes, leases, or obligations.
Source: Item 10 — FINANCING (FDD pages 26–27)
What This Means (2025 FDD)
According to Bath Tune Up's 2025 Franchise Disclosure Document, Bath Tune Up does not guarantee any notes, leases, or obligations for its franchisees. This means that franchisees are solely responsible for fulfilling the terms of any financial agreements they enter into, such as leases for business locations or promissory notes for financing.
This lack of guarantee is a standard practice in franchising. Franchisees should carefully review all financial obligations and understand the risks involved, as Bath Tune Up will not provide any financial backing or assurance for these commitments.
While Bath Tune Up does not guarantee obligations, it may offer financing to franchisees who meet their credit standards, requiring a Secured Promissory Note and General Security Agreement. However, this financing does not involve any guarantees from Bath Tune Up on the franchisee's other financial responsibilities.