Does the Circle K franchise agreement require the franchisee to acknowledge they have studied the disclosure document?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
- Do you understand that the Agreements and Disclosure Document contain the entire agreement between you and us concerning the franchise for the CIRCLE K Store, Motor Fuel Business and/or Branded Business, meaning that any prior oral or written statements not set out in the Agreements
Source: Item 23 — RECEIPTS (FDD pages 100–359)
What This Means (2025 FDD)
According to the 2025 Circle K Franchise Disclosure Document, the franchisee must acknowledge and agree that the franchise agreements and disclosure document contain the entire agreement between the franchisee and Circle K concerning the franchise. This means that any prior oral or written statements not explicitly included in these documents are not considered part of the agreement.
This acknowledgment is crucial because it protects Circle K from claims based on promises or representations made outside of the official documents. It also reinforces the importance of the franchisee thoroughly reviewing and understanding all aspects of the Franchise Agreement and Disclosure Document before signing.
For a prospective Circle K franchisee, this requirement underscores the need for careful due diligence. Franchisees should ensure that all material terms, conditions, and expectations are clearly documented within the franchise agreement and disclosure document. Any verbal promises or assurances should be confirmed in writing to avoid future disputes. Franchisees should seek legal counsel to review these documents before signing.