In the Chem Dry franchise agreement, what information is required if the franchisee is an individual?

According to Chem Dry's 2024 Franchise Disclosure Document, the franchise agreement requires the franchisee to sign individually and personally if they are an individual rather than a corporate entity. This means that the individual franchisee is personally liable for all obligations and responsibilities outlined in the franchise agreement.

This requirement ensures that Chem Dry has recourse directly against the individual franchisee's personal assets in case of any breach of contract or financial obligations. It is a standard practice in franchising to establish clear lines of responsibility and liability.

Prospective franchisees should carefully review the entire franchise agreement and understand the implications of signing as an individual. They should seek legal counsel to fully comprehend their obligations and potential liabilities under the agreement.