What is the franchisee required to acknowledge regarding claims or representations that contradict the Circle K 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 Circle K's 2025 Franchise Disclosure Document, franchisees must acknowledge that the franchise agreement and disclosure document contain the entire agreement between them and Circle K concerning the franchise. This means that any prior oral or written statements not explicitly included in these documents are not part of the agreement.
This acknowledgment is crucial because it protects Circle K from claims based on promises or representations made by its employees or representatives that are not documented in the franchise agreement or FDD. Franchisees are essentially agreeing that they are not relying on any information outside of these official documents.
Prospective franchisees should carefully review the franchise agreement and FDD to ensure they understand all the terms and conditions of the franchise. They should also document any promises or representations made by Circle K representatives in writing and seek to have them included in the franchise agreement. This will help protect their interests and avoid misunderstandings later on. If there are any discrepancies between what was promised and what is in the FDD, it is important to address these before signing the agreement.