Does the receipt for Beyond Juicery Eatery indicate that the franchisee acknowledges conducting an independent investigation of the business?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
As part of such investigation, you acknowledge that you had ample opportunity to consult with advisors of your own choosing about the potential benefits and risks of entering into this agreement.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to the 2025 Beyond Juicery Eatery FDD, the franchisee acknowledges conducting an independent investigation of the business. The franchisee also recognizes that the new business involves normal business risks.
The franchisee acknowledges having the opportunity to consult with advisors about the potential benefits and risks of entering into the Beyond Juicery Eatery franchise agreement. This acknowledgement is part of the agreement, indicating that the franchisee has been informed about the business venture's risks and has sought advice from their own advisors.
This clause protects Beyond Juicery Eatery by confirming that franchisees are aware of the risks and have done their due diligence. It also highlights the importance of prospective franchisees seeking independent advice before committing to the franchise. Franchisees should carefully consider this acknowledgement and ensure they have indeed conducted a thorough investigation and consulted with appropriate advisors.