Has any Chem-Dry employee made any statement about potential earnings that contradicts the Franchise Disclosure Document?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 1. | Have you received and personally reviewed the Chem-Dry, Inc. Franchise Disclosure Document and each exhibit we provided to you? Yes No |
|---|---|
| 2. | Did you sign a receipt for the Franchise Disclosure Document indicating the date you |
| received it? Yes | |
| No | |
| 3. | Have you discussed operating a Chem-Dry |
| franchise with an attorney, accountant or other | |
| professional advisor? Yes | |
| No | |
| 4. | Do you understand the success or failure of your franchise will depend on many factors |
| including your skills and abilities, competition, interest rates, the economy, inflation, labor | |
| and supply costs, lease terms and the marketplace? Yes | |
| No | |
| 5. | Has any employee or other person speaking on behalf of Chem-Dry, Inc. |
| made any | |
| statement or promise regarding the amount of money you may earn in operating the | |
| Chem | |
| Dry | |
| franchise that is contrary to, or different from, the information contained in the | |
| Franchise Disclosure Document? Yes | |
| No | |
| 6. | Has any employee or other person speaking on behalf of Chem-Dry, Inc. |
| made any | |
| statement or promise concerning the total amount of revenue the Chem-Dry franchise will | |
| generate that is contrary to, or different from, the information contained in the Franchise | |
| Disclosure Document? Yes No | |
| 7. | Has any employee or other person speaking on behalf of Chem-Dry, Inc. |
| made any | |
| statement or promise regarding the costs involved in operating the Chem-Dry | |
| franchise | |
| that is contrary to, or different from, the information contained in the Franchise Disclosure | |
| Document? | |
| Yes | |
| No | |
| 8. | Has any employee or other person speaking on behalf of Chem-Dry, Inc. |
| made any | |
| statement or promise concerning the actual, average or projected profits or earnings or the | |
| likelihood of success that you should or might expect to achieve from operating a Chem | |
| dry | |
| franchise that is contrary to, or different from, the information contained in the | |
| Franchise Disclosure Document? Yes | |
| No | |
| 9. | Has any employee or other person speaking on behalf of Chem-Dry, Inc. |
| made any | |
| statement or promise or agreement, other than those matters addressed in your Franchise | |
| Agreement, concerning advertising, marketing, media support, market penetration, | |
| training, support service or assistance that is contrary to, or different from, the information | |
| contained in the Franchise Disclosure Document? Yes No | |
| 10. | If you have answered "Yes" to any of the questions 7 through 11, please provide a full |
Source: Item 23 — Receipts (FDD pages 68–264)
What This Means (2024 FDD)
According to Chem-Dry's 2024 Franchise Disclosure Document, prospective franchisees are asked to confirm whether any Chem-Dry employee or representative has made statements about potential earnings that differ from the information provided in the FDD. This is part of a questionnaire that franchisees are expected to complete.
Specifically, the questionnaire asks if any employee or person acting for Chem-Dry has made any statement or promise regarding the amount of money a franchisee may earn that contradicts the FDD. It also asks about statements or promises concerning total revenue, costs, profits, earnings, or the likelihood of success that differ from the FDD. Finally, it addresses whether any statements or promises were made about advertising, marketing, media support, market penetration, training, support service, or assistance that contradict the FDD.
This questionnaire serves as an acknowledgment from the franchisee that they have not relied on any representations outside of the official FDD. It is a standard practice in franchising to ensure that franchisees are making informed decisions based on the documented information provided, and not on potentially misleading or unsubstantiated claims made by sales representatives or other personnel. If a franchisee answers "Yes" to any of these questions, they are instructed to provide a full explanation.