Has Buildingstars made any representations regarding the specific level of sales, profits, or earnings a franchisee can expect to attain?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Buildingstars's 2025 Franchise Disclosure Document, Buildingstars does not make any representations regarding the specific level of sales, profits, or earnings that a franchisee can expect to attain. The FDD states that Buildingstars has advised franchisees to make an independent investigation of Buildingstars' operations and to obtain independent professional advice regarding the franchise.
The FDD emphasizes that the success of the Buildingstars business is speculative and depends on the franchisee's abilities as an independent businessperson, as well as other factors. Buildingstars makes no representations or warranties about the potential success of the business, and no one is authorized to make such representations or warranties.
This disclaimer is a common practice in franchising. Prospective franchisees should be wary of any claims of guaranteed success or specific financial outcomes. Instead, they should conduct their own due diligence, including market research, financial analysis, and consultation with existing franchisees, to assess the potential risks and rewards of investing in a Buildingstars franchise.