In New York, what does registration of the Craters & Freighters franchise by the state NOT imply?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
INFORMATION COMPARING FRANCHISORS IS AVAILABLE. CALL THE STATE ADMINISTRATORS LISTED IN EXHIBIT A OR YOUR PUBLIC LIBRARY FOR SERVICES OR INFORMATION. REGISTRATION OF THIS FRANCHISE BY NEW YORK STATE DOES NOT MEAN THAT NEW YORK STATE RECOMMENDS IT OR HAS VERIFIED THE INFORMATION IN THIS FRANCHISE DISCLOSURE DOCUMENT. IF YOU LEARN ANYTHING IN THIS FRANCHISE DISCLOSURE DOCUMENT IS UNTRUE, CONTACT THE FEDERAL TRADE COMMISSION AND THE APPROPRIATE STATE OR PROVINCIAL AUTHORITY. THE FRANCHISOR MAY, IF IT CHOOSES, NEGOTIATE WITH YOU ABOUT ITEMS COVERED IN THE FRANCHISE DISCLOSURE DOCUMENT. HOWEVER, THE FRANCHISOR CAN NOT USE THE NEGOTIATING PROCESS TO PREVAIL UPON A PROSPECTIVE FRANCHISEE TO ACCEPT TERMS THAT ARE LESS FAVORABLE THAN THOSE SET FORTH IN THIS FRANCHISE DISCLOSURE DOCUMENT.
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, the registration of the franchise in New York State does not indicate that the state recommends the franchise or has verified the information provided in the disclosure document. This means that while Craters & Freighters has met the basic requirements for registration, potential franchisees should not assume that the state has endorsed the franchise opportunity.
This disclaimer is important for prospective franchisees in New York because it emphasizes the need for independent due diligence. The state's registration is merely a procedural step and not a guarantee of the franchise's viability or the accuracy of the information provided by Craters & Freighters. Franchisees must conduct their own investigation to determine if the franchise is a suitable investment.
To make an informed decision, potential Craters & Freighters franchisees in New York should carefully review the Franchise Disclosure Document, seek advice from legal and financial professionals, and contact existing franchisees to gather additional information. They should also contact the Federal Trade Commission and the appropriate state or provincial authority if they find anything untrue in the Franchise Disclosure Document.