Does the Statement of Prospective Franchisee waive any liability that Bft may have under the Washington Franchise Investment Protection Act?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Do not sign this Statement of Prospective Franchisee if you are a resident of Washington or the business that you will operate is located in Washington. This Statement of Prospective Franchisee does not waive any liability we may have under the Washington Franchise Investment Protection Act, RCW 19.100, and the rules adopted thereunder.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the Statement of Prospective Franchisee does not waive any liability that Bft may have under the Washington Franchise Investment Protection Act. Specifically, the document states that the Statement of Prospective Franchisee does not waive any liability Bft may have under the Washington Franchise Investment Protection Act, RCW 19.100, and the rules adopted thereunder.
This means that even if a prospective franchisee signs the Statement of Prospective Franchisee, they are not giving up any rights or protections they have under Washington's franchise laws. This is a crucial protection for franchisees in Washington, as it ensures that Bft remains accountable under the state's franchise regulations.
Furthermore, the FDD states that if a prospective franchisee is a resident of Washington or the business they will operate is located in Washington, they should not sign the Statement of Prospective Franchisee. This reinforces the fact that the statement is not applicable to franchisees in Washington and does not affect their rights under the Washington Franchise Investment Protection Act.