What is the developer acknowledging regarding reliance on statements from Brueggers Bagels?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| BRUEGGER'S FRANCHISE CORPORATION ("we" or "us"), through the use of this Disclosure |
|---|
| Acknowledgement Statement, wishes to ascertain that |
| ("Developer") and its owners fully understand that the execution of a Development Agreement and/or |
| Franchise Agreement (the "Agreement") for a franchise to own and operate a Bruegger's, is a business |
| decision, complete with associated risks, and that it is our policy to verify that Developer and its owners |
| are not relying upon any oral, written or visual statements, representations, promises or assurances |
| which we have not authorized. In this document, "you" means Developer and each of its owners. |
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, the developer, when executing a Development Agreement or Franchise Agreement, acknowledges that they are not relying on any unauthorized statements from Brueggers Bagels. Brueggers Bagels requires this acknowledgement to ensure that franchisees understand that entering into a franchise agreement is a business decision with inherent risks.
This means that Brueggers Bagels wants to confirm that the developer isn't basing their decision to invest in a franchise on any verbal or written promises that the company hasn't officially approved. This protects Brueggers Bagels from potential misunderstandings or misrepresentations made by individual employees or representatives.
For a prospective Brueggers Bagels franchisee, this acknowledgement highlights the importance of due diligence and independent investigation. It emphasizes that any information or assurances should be verified in writing and officially authorized by Brueggers Bagels. Relying solely on unofficial statements could lead to disappointment or financial loss if those statements are not honored.
Therefore, a potential franchisee should carefully review the Franchise Disclosure Document and any other official documents provided by Brueggers Bagels. They should also seek professional advice from an attorney or financial advisor to fully understand the risks and obligations associated with the franchise agreement. This will ensure that their decision is based on accurate and reliable information, rather than potentially misleading statements.