Does Chocolate Bash make any representations about the past financial performance of franchised outlets?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of you
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 34–35)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, they do not make any representations about past financial performance of company-owned or franchised outlets. Chocolate Bash also does not authorize employees or representatives to make such representations, either orally or in writing.
However, if a prospective franchisee is purchasing an existing Chocolate Bash outlet, the franchisor may provide the actual records of that specific outlet. This is a common practice, as it allows potential buyers to review the financial history of the location they are considering.
It is important for a prospective franchisee to rely only on the financial information provided directly by Chocolate Bash or the records of an existing outlet if purchasing one. Any other financial performance information or projections should be viewed with caution, as Chocolate Bash does not guarantee its accuracy or validity.