Does the City Publications Franchisee Disclosure Questionnaire ask about statements concerning the likelihood of success?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| 4. | Have you discussed the benefits and risks of operating a CITY PUBLICATIONS business with an attorney, accountant or other professional advisor and do you understand those risks? Yes No |
|---|---|
| 5. | Do you understand that the success or failure of your business will depend in |
| large part upon your skills and abilities, competition from other businesses, | |
| interest rates, inflation, labor and supply costs, lease terms and other | |
| economic and business factors? | |
| Yes | |
| No | |
| 6. | Has any employee or other person speaking on our behalf made any |
| statement or promise concerning the revenues, profits or operating costs of a | |
| Franchised Business that we or our franchisees operate? | |
| Yes | |
| No | |
| 7. | Has any employee or other person speaking on our behalf made any |
| statement or promise concerning a Franchised Business that is contrary to, or | |
| different from, the information contained in the Disclosure Document? | |
| Yes | |
| No | |
| 8. | Has any employee or other person speaking on our behalf made any |
| statement or promise concerning the likelihood of success that you should or | |
| might expect to achieve from operating under the CITY PUBLICATIONS | |
| System? | |
| Yes | |
| No |
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire does address statements or promises regarding the likelihood of success. Specifically, the questionnaire asks prospective franchisees if any employee or person speaking on behalf of City Publications made any statement or promise concerning the likelihood of success that the franchisee should or might expect to achieve from operating under the City Publications system.
This question is important because it helps City Publications identify any unauthorized representations made by its employees or agents during the franchise sales process. If a potential franchisee answers "Yes" to this question, they are required to provide a full explanation. This allows City Publications to investigate the matter and take corrective action if necessary. This process protects both the franchisee and City Publications by ensuring that all information provided is accurate and consistent with the FDD.
For a prospective City Publications franchisee, this means they should carefully consider whether any statements made to them about their potential success with the franchise differ from the information presented in the FDD. Answering this question honestly and providing a detailed explanation if necessary is crucial. This helps ensure they are making an informed decision based on accurate information and protects them from potential misrepresentations. It also allows City Publications to maintain the integrity of its franchise system by addressing any unauthorized claims made during the sales process.