Is Beverly Anns Cookie making any representations about a franchisee's future financial performance?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document issued July 2, 2025 which included the following exhibits:
Exhibit A State Administrators/Agents for Service of Process Exhibit B Financial Statements Exhibit C Franchise Agreement Exhibit D Franchise Disclosure Questionnaire Exhibit E Brand Manual Table of Contents Exhibit F List of Current and Former Franchisees Exhibit G State Addenda and Agreement Riders Exhibit H Contracts for use with the Beverly Ann's Cookie Franchise Exhibit I State Effective Dates Exhibit J Receipt
PLEASE RETAIN THIS COPY FOR YOUR RECORDS.
Rev. 012417
RECEIPT (Our Copy)
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 54–55)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it is not evident whether Beverly Anns Cookie provides any specific financial performance representations to prospective franchisees. The excerpts cover various aspects of the franchise agreement, such as fees, restrictions on suppliers, franchisee information, and transfer conditions, but do not include any statements about potential revenue, profits, or sales figures that a franchisee could expect to achieve.
Item 23 includes a general disclaimer stating that the disclosure document summarizes the franchise agreement and advises careful review. This suggests that any financial expectations should be carefully scrutinized and verified. Item 20 mentions that franchisees may have signed confidentiality agreements, which could limit a potential franchisee's ability to gather comprehensive financial performance data from current and former franchisees.
Therefore, a prospective Beverly Anns Cookie franchisee should directly ask the franchisor for detailed financial performance representations, including historical data from existing franchises, typical revenue ranges, and expense breakdowns. It would also be prudent to consult with current and former franchisees (if possible) and seek advice from a franchise attorney or financial advisor to assess the potential financial viability of the franchise opportunity.