What page in the Franchise Agreement contains information about Byrider's acknowledgements?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
ARTICLE II
ACKNOWLEDGMENTS
To induce the Company to enter into this Agreement the Franchisee acknowledges, warrants and represents as follows.
- 2.1 Independent Investigation. The Franchisee has had the opportunity to conduct an independent investigation of the business opportunity offered hereunder and the terms and provisions of this Agreement.
The Franchisee recognizes that the nature of the business described herein may evolve and change over time, that an investment in the franchise involves business risks and that the success of the venture depends primarily upon the Franchisee's business ability and efforts and other factors which are beyond the Company's control and which have nothing to do with the System or the Company's performance of its obligations under this Agreement.
2.2 Existing Franchisees. Prior to the execution of this Agreement, the Franchisee had the opportunity to contact all existing franchisees of the Company.
2.3 No Representations Regarding Profits of the Franchise. No representations have been made by the Company or by its officers, directors, shareholders, employees or agents, and relied upon by the Franchisee as to future or past income, expenses, sales volume or potential profitability, earnings or income of the business franchised hereby, or any other franchisee, other than information provided in Item 19 of the Company's Franchise Disclosure Document.
2.4 No Representations Regarding Profits of the Company or System. No representation or statement has been made by the Company or by its officers, directors, shareholders, employees or agents and relied upon by Franchisee regarding the anticipated income, earnings and growth of the Company or of the System, or the viability of the business opportunity being offered hereunder.
2.5 Reservation of Rights by the Company. The Company has certain rights reserved to it to own and operate BYRIDER businesses; to franchise other BYRIDER businesses; and, to otherwise use the System, the Marks, know-how, techniques and procedures.
2.6 Different Franchise Agreements. The Company has and reserves the right to grant franchises for the operation of BYRIDER businesses to other franchisees with terms different from this Agreement.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Article II, titled "ACKNOWLEDGMENTS," begins on the page labeled with a graphic element. The graphic element appears to be located on page 96 of the FDD. This section outlines several acknowledgements made by the franchisee to induce Byrider to enter into the Franchise Agreement.
The acknowledgements cover several key areas. These include the franchisee's independent investigation of the business opportunity, understanding of business risks, and confirmation that they had the opportunity to contact existing Byrider franchisees. The franchisee also acknowledges that no representations were made regarding profits, except as provided in Item 19 of the FDD.
Furthermore, the franchisee acknowledges Byrider's rights to operate its own businesses, grant franchises with different terms, and use the System. These acknowledgements are designed to protect Byrider by ensuring the franchisee understands the nature of the franchise and the limitations of any guarantees of success.