If I rely on Bombs Away's financial figures, what risk must I accept?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
CAUTION
Some business opportunity plans have earned this amount. There is no assurance you will do as well. If you rely upon our figures, you must accept the risk of not doing as well.
Source: Item 23 — RECEIPTS (FDD pages 36–117)
What This Means (2024 FDD)
According to the 2024 Bombs Away FDD, if you rely on the franchisor's financial figures, you must accept the risk of not performing as well as those figures suggest. This caution is included as part of the Ohio addendum to the disclosure document.
This disclosure is a standard disclaimer in franchise agreements. It acknowledges that while some business opportunity plans may have achieved a certain level of earnings, there is no guarantee that a new franchisee will replicate that success. The financial performance of existing Bombs Away franchises may not be indicative of future results for new locations.
As a prospective Bombs Away franchisee, it is crucial to understand that past performance is not a guarantee of future success. You should conduct your own independent research and due diligence, including market analysis and financial projections, to assess the potential profitability of a Bombs Away franchise in your specific location. Consulting with a financial advisor is highly recommended to evaluate the financial risks and rewards associated with this franchise opportunity.