Is Christies International Real Estate's approval of a site a guarantee of its suitability or profitability?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- (f) You acknowledge and agree any approval or recommendation of a site or location for your Business is not a representation or warranty of any kind, express or implied, of the suitability of the site for a CHRISTIE'S INTERNATIONAL REAL ESTATE business or any other purpose.
Our recommendation indicates only that we believe that the site meets our then acceptable criteria.
In addition, any recommendations, suggestions, or approvals of a proposed site are not a warranty, guarantee or representation that the site will achieve any level or amount of sales, revenue or profit as a CHRISTIE'S INTERNATIONAL REAL ESTATE business location.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, any approval or recommendation of a site or location for the Business is not a representation or warranty of any kind, express or implied, of the suitability of the site for a CHRISTIE'S INTERNATIONAL REAL ESTATE business or any other purpose. Christies International Real Estate's recommendation indicates only that they believe that the site meets their then acceptable criteria.
Furthermore, any recommendations, suggestions, or approvals of a proposed site are not a warranty, guarantee, or representation that the site will achieve any level or amount of sales, revenue, or profit as a CHRISTIE'S INTERNATIONAL REAL ESTATE business location. The franchisee acknowledges that their decision to develop the Christies International Real Estate business is based on their own independent investigation of the site's suitability.
This means that while Christies International Real Estate does require site approval, this approval is simply an indication that the site meets their criteria at that time. It is not a guarantee that the site is suitable for the business or that it will be profitable. The franchisee is responsible for conducting their own due diligence to determine if the site is appropriate for their business and to assess its potential for success. This is a common practice in franchising, as the franchisor may not have specific expertise in every local market and the franchisee is ultimately responsible for the success of their own business.