Can VeriCast discontinue the VeriCast Program for City Publications franchisees at any time?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges that the VeriCast Program may not be available in all areas and may not be available to Franchisee. In addition, Franchisee acknowledges that VeriCast may cancel the program at any time.
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the VeriCast program's availability is not guaranteed to all franchisees, and VeriCast has the right to cancel the program at any time. This is explicitly acknowledged by the franchisee in the agreement.
For a prospective City Publications franchisee, this means that while the VeriCast program may be presented as a potential benefit, its continuation is not assured. The franchisee should not rely on the VeriCast program as a guaranteed component of their business operations or revenue projections.
This clause protects VeriCast from being contractually obligated to maintain the program, shifting the risk of its discontinuation to the franchisee. A potential franchisee should inquire about the prevalence and success of the VeriCast program among current franchisees to assess its actual value and stability before making a final investment decision.