In the Buns On Fire Exhibit H Questionnaire, what is the franchisee acknowledging when signing the document?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
SMYA VENTURES LLC
EXHIBIT "G" FRANCHISEE DISCLOSURE ACKNOWLEDGMENT STATEMENT
SMYA Ventures LLC (the "Franchisor") and you are preparing to enter into a Franchise Agreement for the establishment and operation of a Buns on Fire restaurant (the "Franchised Business"). The purpose of this Questionnaire is to make sure you have received the information necessary and have had the opportunity to review and consider such information.
For franchisees and franchises that are subject to the state franchise disclosure laws in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington or Wisconsin, this questionnaire is not intended and does not constitute waiver of any claims under any applicable state franchise law, including fraud in the inducement; or a disclaimer of any reliance on any statement made by any person acting on behalf of the Franchisor.
EXHIBIT "H" QUESTIONNAIRE
If you are purchasing an existing store from an existing Franchisee, you may have received information from the transferring Franchisee. That is a separate process. The questions below do not apply to any communications that you had with the transferring Franchisee.
Please review and respond to each of the following questions.
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, Exhibit H is a questionnaire that franchisees complete. The purpose of this questionnaire is to ensure that the franchisee has received and had the opportunity to review all necessary information before entering into a franchise agreement.
For franchisees in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin, the questionnaire does not act as a waiver of any claims under state franchise law, including claims related to fraud. The questionnaire also does not disclaim any reliance on statements made by Buns On Fire or anyone acting on its behalf.
If a franchisee is purchasing an existing Buns On Fire store from a transferring franchisee, the information received from the transferring franchisee is considered a separate process, and the questions in Exhibit H do not apply to any communications with the transferring franchisee.