Does Crawlspace Medic provide any warranty or guarantee regarding the potential volume, profits, or success of the franchised business?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| Greenville, SC Paw Brothers LLC, Jeff Wilson 120 Old Mill Road, Ste 1 Greenville, SC 29607 | Augusta, GA BWMD Enterprise, LLC, Matt Dando 4492 Washington Road Evans, GA 30809 276-451-0880 |
|---|---|
| Wilmington, NC Lumina Franchise Group, LLC, Nathan Bocock 3861 US Highway 421 N Wilmington, NC 28401 | Atlanta, GA* 1007 Mansell Rd, Ste A Roswell, GA 30076 Max Gann and Josh Underwood 770-572-0823 |
| Birmingham, AL | Chattanooga, TN |
| 163 Citation Ct, Ste 111 | 3221 Wilcox Blvd Suite 117, Chattanooga, |
| Homewood, AL 35209 | TN 37411 |
| Jeff Wilson, Rick Bungee and Aaron Davey | Josh Underwood, Max Gann |
| 864-706-6880 | (423) 509-0505 |
| St. Louis, MS | Crawlspace Medic of Greater Athens |
| 8204 Exchange Way, St. Louis, MO 63144 | 1260 Greensboro Hwy, Ste 240 |
| Vimal Patel | Watkinsville, GA 30677 |
| (314) 887-5001 | 706-410-2400 |
| Crawlspace Medic of Northern Colorado | Crawlspace Medic of ENC |
| 321 Lincoln Ct | 2006 N Queen St |
| Fort Collins, CO 80524 | Kinston, NC 28501 |
| 970-900-7015 | 252-506-0231 |
| Crawlspace Medic of the Sandhills | Crawlspace Medic of the Triad |
| 195 Pinehurst Ave, Ste 195 | 12 Wendy Ct |
| Southern Pines, NC 28387 | Greensboro, NC 27409 |
| 910-673-8559 | 336-252-2310 |
FRANCHISEES WHO HAVE SIGNED AN AGREEMENT BUT NOT YET OPENED AS OF DECEMBER 31, 2023:
Raley Capital LLC* Gilbert Cook Huntsville, AL
*Opened in 2024
FRANCHISEES WHO HAVE LEFT THE SYSTEM
None
NOT FOR USE IN CALIFORNIA
CRAWL SPACE MEDIC ACKNOWLEDGEMENT STATEMENT
Franchisee hereby acknowledges the following:
- Franchisee has conducted an independent investigation of all aspects relating to the financial, operational and other aspects of the business of operating the Franchised Business. Franchisee further acknowledges that, except as may be set forth in Franchisor's Disclosure Document, no representations of performance (financial or otherwise) for the Franchised Business provided for in this Agreement has been made to Franchisee by Franchisor and Franchisee and any and all Principals hereby waive any claim against Franchisor for any business failure Franchisee may experience as a franchisee under this Agreement.
Initial
- Franchisee has conducted an independent investigation of the business contemplated by this Agreement and understands and acknowledges that the business contemplated by this Agreement involves business risks making the success of the venture largely dependent upon the business abilities and participation of Franchisee and its efforts as an independent business operation.
Initial
- Franchisee agrees that no claims of success or failure have been made to it or him or her prior to signing the Franchise Agreement and that it/she/he understands all the terms and conditions of the Franchise Agreement. Franchisee further acknowledges that the Franchise Agreement contains all oral and written agreements, representations and arrangements between the parties hereto, and any rights which the respective parties hereto may have had under any other previous contracts are hereby cancelled and terminated, and that this Agreement cannot be changed or terminated orally.
Initial
- Franchisee has no knowledge of any representations by Franchisor or its officers, directors, shareholders, employees, sales representatives, agents or servants, about the business contemplated by the Franchise Agreement that are contrary to the terms of the Franchise Agreement or the documents incorporated herein. Franchisee acknowledges that no representations or warranties are made or implied, except as specifically set forth in the Franchise Agreement. Franchisee represents, as an inducement to Franchisor's entry into this Agreement, that it has made no misrepresentations in obtaining the Franchise Agreement.
Initial
| Franchisor expressly disclaims the making of, and Franchisee acknowledges that it has not received or relied upon, any warranty or guarantee, express or implied, as to the potential volume, profits or success of the business venture contemplated by the Franchise Agreement. | 5. |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, Crawlspace Medic expressly disclaims making any warranties or guarantees, either express or implied, regarding the potential volume, profits, or success of the franchise.
This means that a prospective franchisee should not rely on any assurances from Crawlspace Medic about how much money the business might make or how successful it will be. The franchisee acknowledges that they have not received or relied upon any such warranty or guarantee. This is a standard practice in franchising, as the success of a franchise depends heavily on the individual franchisee's efforts and management skills, as well as local market conditions.
The FDD also includes an acknowledgement statement that the franchisee has conducted their own independent investigation into the financial, operational, and other aspects of the business. The franchisee acknowledges that, except as set forth in the Disclosure Document, no representations of performance (financial or otherwise) have been made by Crawlspace Medic. The franchisee waives any claim against Crawlspace Medic for any business failure they may experience as a franchisee.
Prospective franchisees should carefully consider this disclaimer and conduct thorough due diligence, including consulting with financial and legal advisors, before investing in a Crawlspace Medic franchise. They should also be prepared to rely on their own business acumen and efforts to make the franchise successful.