factual

Does City Wide advise prospective franchisees to discuss their proposed purchase with existing City Wide franchisees?

City_Wide Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. I have had an opportunity to consult with an independent professional advisor, such as an attorney or accountant, prior to signing any binding documents or paying any sums, and City Wide has strongly recommended that I obtain such independent advice. I have also been strongly advised by City Wide to discuss my proposed purchase of a City Wide Franchise with any existing City Wide franchisees prior to signing any binding documents or paying any sums and City Wide has supplied me with a list of all existing franchisees if any exist.

Source: Item 23 — RECEIPT (FDD pages 65–271)

What This Means (2025 FDD)

According to City Wide's 2025 Franchise Disclosure Document, City Wide strongly advises prospective franchisees to discuss their potential franchise purchase with existing City Wide franchisees. City Wide will also supply a list of existing franchisees, if any exist. This recommendation is made prior to signing any binding documents or paying any sums.

This is a common and important practice in franchising. Speaking with current franchisees can provide valuable insights into the day-to-day realities of running a City Wide franchise, including both the challenges and the rewards. It allows potential franchisees to hear firsthand experiences and validate the information provided by City Wide.

Prospective franchisees should take this recommendation seriously and use the list provided by City Wide to contact and interview several existing franchisees. These conversations can help in making a more informed decision about whether or not to invest in a City Wide franchise.

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.