When evaluating a Chicken Guy franchise, who is a potential franchisee allowed to disclose confidential information to?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
Potential Franchisee shall not disclose the Confidential Information to any person or entity other than Potential Franchisee's attorney, accountant or other representatives as necessary to evaluate the opportunity provided by Chicken Guy and agree to protect the Confidential Information against unauthorized disclosure using the same degree of care, but no less than a reasonable degree of care, as Potential Franchisee uses to protect Potential Franchisee's confidential information.
Potential Franchisee represents that it has its own procedures in place to assure that its representatives are aware of their obligations to retain in confidence any Confidential Information they receive.
Without in any way limiting the generality of Potential Franchisee's obligations under this Agreement, Potential Franchisee acknowledges and agrees that in no event will Potential Franchisee disclose any of the Confidential Information to any of Chicken Guy's competitors.
Source: Item 23 — RECEIPTS (FDD pages 50–286)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, a potential franchisee, when evaluating whether to purchase a franchise, is permitted to disclose confidential information to their attorney, accountant, or other representatives as necessary for evaluating the opportunity. However, the potential franchisee must agree to protect the confidential information against unauthorized disclosure, using at least a reasonable degree of care.
This means that while exploring the Chicken Guy franchise opportunity, you can seek advice from professionals like lawyers and accountants. It is essential to ensure these advisors understand and commit to maintaining the confidentiality of the information shared with them by Chicken Guy.
The FDD emphasizes that potential franchisees must have procedures in place to ensure their representatives are aware of their obligations to keep confidential any information they receive. Furthermore, under no circumstances can a potential franchisee disclose any confidential information to any of Chicken Guy's competitors.