Does the California Department of Financial Protection and Innovation approve or recommend the Bombs Away franchise offering simply by registering it?

According to the 2024 Bombs Away Franchise Disclosure Document, the California Department of Financial Protection and Innovation's registration of the franchise offering does not constitute approval, recommendation, or endorsement by the commissioner. This means that while Bombs Away is registered to offer franchises in California, the state agency does not guarantee the success or viability of the franchise. Registration simply means Bombs Away has met the minimum requirements for offering a franchise in the state.

Prospective franchisees should not interpret the registration as a sign of endorsement or a guarantee of profitability. It is crucial for potential Bombs Away franchisees to conduct their own due diligence and research to assess the risks and opportunities associated with investing in the franchise. This includes carefully reviewing the FDD, speaking with existing franchisees, and seeking professional advice from financial and legal experts.

This disclaimer is a standard practice in franchise regulation. Many states require franchise registration but explicitly state that registration does not imply endorsement. This protects the state from liability and reinforces the franchisee's responsibility to make an informed investment decision. Bombs Away is also obligated to defer the collection of all initial fees from California franchisees until they have completed all of their pre-opening obligations and the franchisee is open for business.