Is there a Franchisee Disclosure Acknowledgement Statement included as Exhibit G in the Buns On Fire franchise agreement?
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 G is indeed the Franchisee Disclosure Acknowledgement Statement. This statement is designed to ensure that prospective franchisees have received and had the opportunity to review all necessary information before entering into a franchise agreement with Buns On Fire. The document emphasizes that for franchisees in states with franchise disclosure laws like California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin, this questionnaire does not waive any claims under those state laws, including claims related to fraud.
In addition to the Franchisee Disclosure Acknowledgement Statement, Exhibit H is a questionnaire that franchisees are expected to review and respond to. This questionnaire is separate from any information a franchisee might receive from a transferring franchisee if they are purchasing an existing store. The purpose is to ensure that the new franchisee is fully informed by Buns On Fire directly, regardless of any prior communications with a previous owner.
Buns On Fire also includes state-specific addenda as part of their franchise agreement. For example, California franchisees are instructed not to complete certain questions in the questionnaire (Exhibit J), and if they do, Buns On Fire will disregard them. Similarly, addenda for states like Hawaii, Illinois, and Rhode Island include provisions ensuring that no statement or acknowledgment signed by the franchisee waives rights under state franchise laws or disclaims reliance on the franchisor's statements. These addenda highlight Buns On Fire's effort to comply with various state regulations and protect franchisees' rights.