Besides the confidentiality agreements attached to the Disclosure Document, has City Wide signed any other confidentiality clauses with current or former franchisees in the last three fiscal years?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
During the last three fiscal years, CITY WIDE has not signed any confidentiality clauses with a current or former franchisee, except for the Confidentiality Agreements attached to this Disclosure Document, as Attachment E to the Franchise Agreement.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, City Wide has generally not entered into separate, individual confidentiality agreements with its franchisees beyond the standard confidentiality clauses included in the franchise agreement itself. Specifically, during the last three fiscal years, City Wide states that it has only used the standard Confidentiality Agreements attached as Attachment E to the Franchise Agreement.
For a prospective franchisee, this indicates that City Wide relies on a standardized approach to confidentiality, meaning that all franchisees are subject to the same terms and conditions regarding the protection of City Wide's proprietary information. This can be seen as a positive aspect, as it ensures consistency and fairness across the franchise system. It also suggests that City Wide's confidentiality requirements are well-defined and integrated into its standard franchise agreement.
However, it is important for a prospective franchisee to carefully review Attachment E of the Franchise Agreement to fully understand the scope and limitations of these confidentiality obligations. Franchisees should be aware of what information is considered confidential, how long the confidentiality obligations last (both during and after the franchise term), and what remedies City Wide has in case of a breach. Understanding these details is crucial for ensuring compliance and avoiding potential disputes with City Wide.