factual

Is there a guarantee of success provided by City Publications in the agreement?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisor makes no warranties or guarantees upon which Franchisee may rely and assumes no liability or obligation to Franchisee or any third party to which it would not otherwise be subject, by providing any waiver, approval, advice, consent or services to Franchisee in connection with this Agreement, or by reason of any neglect, delay or denial of any request therefore.

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

According to City Publications' 2025 Franchise Disclosure Document, there is no mention of a guarantee of success provided by City Publications to its franchisees. However, the document does state that City Publications "makes no warranties or guarantees upon which Franchisee may rely and assumes no liability or obligation to Franchisee or any third party to which it would not otherwise be subject, by providing any waiver, approval, advice, consent or services to Franchisee in connection with this Agreement, or by reason of any neglect, delay or denial of any request therefore."

This means that franchisees should not expect any explicit or implied assurance from City Publications that their franchise will be profitable or successful. The success of the franchise will largely depend on the franchisee's own efforts, management skills, and market conditions within their territory. This is a common practice in franchising, as franchisors typically do not guarantee financial outcomes due to the many variables involved in running a business.

Prospective franchisees should carefully consider this lack of guarantee and conduct thorough due diligence, including market research and financial planning, before investing in a City Publications franchise. They should also seek professional advice from financial advisors and legal counsel to fully understand the risks and obligations associated with the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.