Does the Franchisee Acknowledgement section state that a Beyond Juicery Eatery franchisee must conduct an independent investigation of the business?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
equitably adjusted so as to compensate the appropriate party for any consideration lost because of the elimination of such clause or clauses.
- J. No waiver by us of any breach by you, nor any delay or failure by us to enforce any provision of this Agreement, may be deemed to be a waiver of any other or subsequent breach or be deemed an estoppels to enforce our rights with respect to that or any other or subsequent breach.
This Agreement may not be waived, altered or rescinded, in whole or in part, except by a writing signed by you and us.
- K. You and each of your Principal Owners shall execute the form of guaranty at the end of this Agreement.
- L. You further acknowledge that you have conducted an independent investigation of the business franchised pursuant to this Agreement and recognize the business venture contemplated by this Agreement involves the normal business risks associated with beginning a new business.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, franchisees acknowledge they have conducted an independent investigation of the franchised business. This acknowledgement confirms that the franchisee recognizes the normal business risks associated with starting a new business venture.
As part of this investigation, the franchisee acknowledges having had ample opportunity to consult with advisors of their own choosing. These advisors can provide insights into the potential benefits and risks associated with entering into the Franchise Agreement. This step is crucial for making an informed decision.
Furthermore, the document states that prospective Beyond Juicery Eatery franchisees confirm they have independently inspected the operations of other franchised businesses, including those within the Beyond Juicery + Eatery system, and have relied on their own due diligence in deciding to enter the agreement. Franchisees also acknowledge that they have not relied on any oral statements or representations outside of what is contained in the Franchise Disclosure Document.