Does Chem Dry make any guarantees about the availability of the Service it provides?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
FRANCHISEE acknowledges that FRANCHISEE has read this Agreement and CDI's Franchise Disclosure Document and that FRANCHISEE understands and accepts the terms, conditions and covenants contained in this Agreement as being reasonably necessary to maintain CDI's high standards of quality and service, as well as the uniformity of those standards at each CHEM-DRY Business and to protect and preserve the goodwill of the Marks.
FRANCHISEE acknowledges that CDI has the right to restrict FRANCHISEE'S sources of goods and services, as provided in various sections in this Agreement.
FRANCHISEE acknowledges that FRANCHISEE has conducted an independent investigation of the business contemplated by this Agreement and recognizes that it involves business risks and that the success of the venture is largely dependent upon the business abilities of FRANCHISEE.
FRANCHISEE acknowledges and agrees that CDI's officers, directors, employees and agents act only in a representative and not in a personal capacity in their dealings with FRANCHISEE.
FRANCHISEE further acknowledges that FRANCHISEE has not received or relied upon, any warranty or guaranty, express or implied, as to the potential revenues, profits or success of the franchise or policies made by CDI or its officers, directors, employees or agents that are contrary to the statements, if any, expressly made in CDI's Franchise Disclosure Document.
Source: Item 23 — Receipts (FDD pages 68–264)
What This Means (2024 FDD)
Based on the 2024 Chem Dry Franchise Disclosure Document, Chem Dry acknowledges that franchisees understand and accept the terms, conditions, and covenants within the agreement. These are deemed reasonably necessary to maintain Chem Dry's standards for quality and service, ensure uniformity across all Chem Dry businesses, and protect the brand's goodwill.
The franchisee also acknowledges Chem Dry's right to restrict the sources of goods and services as detailed in the agreement. This indicates that Chem Dry does not guarantee an unrestricted availability of all services, as they maintain control over the standards and sources used within the franchise system.
Furthermore, the franchisee confirms they have conducted their own independent investigation into the business opportunity, recognizing the inherent business risks and understanding that their success depends largely on their own abilities. The franchisee also acknowledges that they have not received or relied upon any warranties or guarantees, whether express or implied, regarding potential revenues, profits, or the overall success of the franchise, except as expressly stated in the Franchise Disclosure Document.