Does the Chem Dry franchisee acknowledge that they have not relied on any warranties or guarantees regarding potential revenues or profits not expressly stated in the Chem Dry Franchise Disclosure Document?

According to the 2024 Chem Dry Franchise Disclosure Document, franchisees acknowledge that they have not received or relied upon any warranties or guarantees, whether express or implied, regarding the potential revenues, profits, or success of the franchise that are not expressly stated in the Franchise Disclosure Document. This acknowledgment extends to any policies made by Chem Dry or its representatives that contradict the statements within the FDD.

This acknowledgment is a standard legal protection for franchisors. It confirms that the franchisee is entering the agreement based on their own independent investigation and understanding of the risks involved. It also ensures that Chem Dry is not held liable for any verbal promises or representations made by its employees or agents that are not documented in the FDD.

Prospective Chem Dry franchisees should carefully review the FDD and conduct their own due diligence, including consulting with business advisors, attorneys, and accountants, to assess the potential risks and rewards of the franchise opportunity. They should rely solely on their own evaluations and the information contained in the FDD when making their decision, rather than on any verbal assurances or promises made by Chem Dry representatives. This helps to ensure that the franchisee has a clear understanding of the investment and operational requirements of the Chem Dry franchise.