In Wisconsin, does registration of the Chem Dry franchise constitute approval, recommendation, or endorsement by the Commissioner of Securities of the State of Wisconsin?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
WISCONSIN
The following provisions supersede the Disclosure Document and apply to all franchises offered and sold in the State of Wisconsin.
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- REGISTRATION DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE COMMISSIONER OF SECURITIES OF THE STATE OF WISCONSIN.
Source: Item 23 — Receipts (FDD pages 68–264)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, if you are considering purchasing a Chem Dry franchise in Wisconsin, the fact that the franchise is registered in the state does not mean that the Commissioner of Securities of the State of Wisconsin has approved, recommended, or endorsed the franchise.
This is a standard disclaimer in franchise agreements. Franchise registration is a legal requirement in some states, but it is not an indication of the quality or potential profitability of the franchise. It simply means that Chem Dry has met the minimum requirements for offering franchises in Wisconsin.
Prospective franchisees should conduct their own independent investigation of the Chem Dry franchise opportunity, including consulting with an attorney, accountant, and other business advisors, before making any investment. Do not rely on the fact of registration as an endorsement of the franchise.