Does the Franchisee Disclosure Acknowledgment Statement for Canine Dimensions apply to information received from a transferring franchisee?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event that you are intending to purchase an existing Franchised Business from an existing Franchisee, you may have received information from the transferring Franchisee, who is not an employee or representative of the Franchisor. The questions below do not apply to any communications that you had with the transferring Franchisee. Please review each of the following questions and statements carefully and provide honest and complete responses to each.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 33–35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the Franchisee Disclosure Acknowledgment Statement does not apply to information a prospective franchisee receives from a transferring franchisee. The FDD clarifies that if a prospective franchisee is purchasing an existing Canine Dimensions franchise from a current franchisee, they may receive information from that transferring franchisee, who is not an employee or representative of Canine Dimensions.
The document explicitly states that the questions within the Franchisee Disclosure Acknowledgment Statement do not apply to any communications the prospective franchisee had with the transferring franchisee. Canine Dimensions emphasizes the importance of carefully reviewing each question and providing honest and complete responses, but only in the context of information received from the franchisor, its employees, or authorized representatives.
This distinction is important for prospective franchisees to understand, as it clarifies the scope of the acknowledgment they are making. They are not responsible for validating or attesting to the accuracy of information received from a transferring franchisee when completing the Franchisee Disclosure Acknowledgment Statement. However, this does not diminish the need to conduct thorough due diligence on the franchise opportunity, including information obtained from the transferring franchisee.