factual

Does Burros Fries provide any warranty or guarantee, express or implied, regarding the potential financial success of the franchise?

Burros_Fries Franchise · 2024 FDD

Answer from 2024 FDD Document

FRANCHISEE ACKNOWLEDGES THAT OUR ACCEPTANCE OF A PROSPECTIVE SITE AND THE RENDERING OF ASSISTANCE IN THE SELECTION OF A SITE DOES NOT CONSTITUTE A REPRESENTATION, PROMISE, WARRANTY, OR GUARANTEE BY US THAT A BURROS & FRIES FRANCHISE OPERATED AT THAT SITE WILL BE PROFITABLE OR OTHERWISE SUCCESSFUL.

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2024 FDD)

According to Burros Fries's 2024 Franchise Disclosure Document, Burros Fries does not provide any warranty or guarantee regarding the potential financial success of the franchise. Specifically, the FDD states that while Burros Fries may assist in site selection, this assistance does not constitute a promise, warranty, or guarantee that a Burros & Fries franchise operated at that site will be profitable or otherwise successful.

This disclaimer is a standard practice in the franchise industry. The success of a franchise depends on many factors, including the franchisee's management skills, local market conditions, and the ability to follow the Burros Fries system. Therefore, Burros Fries cannot guarantee the financial performance of any particular location.

Prospective franchisees should carefully consider this lack of guarantee and conduct their own independent research and due diligence before investing in a Burros Fries franchise. This includes analyzing the market potential in their desired location, assessing their own financial resources and capabilities, and seeking advice from experienced business advisors.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.