Has Buildingstars made any representations regarding the potential sales, profits, or earnings that a franchisee can expect to attain?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
have the right, but not the obligation, to enforce FRANCHISEE'S compliance with any provision of this Agreement.
- T. Joinder of Individuals. As a condition of granting the rights and interests to FRANCHISEE provided for in this Agreement, BUILDINGSTARS may require that certain individuals execute the limited agreement provided for on the signature page to this Agreement and the effectiveness of this Agreement shall be expressly conditioned upon the execution of the limited agreement by all individuals that may be required by BUILDINGSTARS.
XVII. WARRANTIES AND REPRESENTATIONS OF FRANCHISEE
- A. FRANCHISEE has been advised to make an independent investigation of BUILDINGSTARS' operations. BUILDINGSTARS has not and does not represent that FRANCHISEE can expect to attain a specific level of sales, profits, or earnings. FRANCHISEE has been advised to obtain independent professional advice regarding this franchise. FRANCHISEE understands that it may sustain losses as a result of the operation or the closing of the business.
Source: Item 23 — RECEIPT (FDD pages 43–217)
What This Means (2025 FDD)
According to the 2025 Buildingstars Franchise Disclosure Document, Buildingstars does not make any representations about potential sales, profits, or earnings a franchisee might achieve. The FDD explicitly states that franchisees are advised to conduct their own independent investigation into Buildingstars' operations and to seek independent professional advice regarding the franchise.
The document emphasizes that the success of a Buildingstars franchise is speculative and heavily dependent on the franchisee's abilities as an independent businessperson, along with other external factors. Buildingstars makes no warranties or representations about the potential success of the business, and no one is authorized to make such claims on their behalf.
This disclaimer indicates that prospective franchisees should not rely on any projected financial performance data provided by Buildingstars or its representatives. Instead, they must perform their own due diligence, considering their own skills, market conditions, and financial resources to assess the viability of the franchise opportunity. The FDD also acknowledges that franchisees may sustain losses from operating or closing the business, highlighting the financial risks involved.