Does the City Publications franchisee acknowledge conducting an independent investigation of the business?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
advisors or has deliberately declined to do so.
D. True & Accurate Information
Franchisee affirms that all information set forth in any and all applications, financial statements and submissions to Franchisor is true, complete and accurate in all respects, with Franchisee expressly acknowledging that Franchisor is relying upon the truthfulness, completeness and accuracy of such information.
E. Risk
Franchisee has conducted an independent investigation of the business contemplated by this Agreement and recognizes that, like any other business, an investment in a CITY PUBLICATIONS Business involves business risks and that the success of the venture is dependent, among other factors, upon the business abilities and efforts of Franchisee. Franchisor does not, in this Agreement or otherwise, make any representation or warranty, express or implied, as to the potential success of the business venture contemplated hereby.
**F.
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the franchisee acknowledges conducting an independent investigation of the business. The franchisee recognizes that investing in a City Publications business involves risks, similar to any other business venture. The success of the venture depends on the franchisee's business abilities and efforts.
City Publications does not provide any express or implied representation or warranty in the agreement regarding the potential success of the business. The franchisee also acknowledges that they have not received or relied on any guarantees, whether express or implied, regarding the revenues, profits, or likelihood of success of the franchised business.
Furthermore, the franchisee confirms that they have not relied on any representations by City Publications' directors, employees, or agents that are not included in the Franchise Disclosure Document or inconsistent with the agreement's provisions. This acknowledgment underscores the importance of the franchisee's due diligence and understanding of the risks involved in the franchise.