What is the purpose of the Representations Statement for a Cream franchise?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
The purpose of this Statement is to demonstrate to JENI'S SPLENDID ICE CREAMS FRANCHISE, LLC. ("Franchisor") that the person(s) signing below ("I," "me" or "my"), whether acting individually or on behalf of any legal entity established to acquire the franchise rights, (a) fully understands that the purchase of a Jeni's franchise rights is a significant long-term commitment, complete with its associated risks, and (b) is not relying on any statements, representations, promises or assurances that are not specifically set forth in Franchisor's Franchise Disclosure Document (the "FDD") in deciding to purchase the franchise. In that regard, I represent to Franchisor and acknowledge that:
Source: Item 23 — RECEIPTS (FDD pages 61–192)
What This Means (2025 FDD)
According to the 2025 FDD, the Representations Statement for a Cream franchise aims to confirm that the franchisee understands the investment in a Cream franchise is a significant, long-term commitment that carries risks. It also verifies that the franchisee's decision to purchase the franchise is based solely on the information provided in Cream's Franchise Disclosure Document (FDD).
By signing the Representations Statement, the prospective Cream franchisee acknowledges they are not relying on any external statements, promises, or assurances not explicitly outlined in the FDD. This is a standard practice in franchising to protect the franchisor from potential misrepresentation claims. The statement ensures that franchisees are making informed decisions based on the official documentation provided by Cream.
However, the FDD states that if the franchise will be located in Illinois, Indiana, Maryland, Michigan, Minnesota, Virginia, or Wisconsin, the franchisee should not sign or initial the questionnaire. This is likely due to specific state franchise laws that may conflict with the standard Representations Statement. Prospective franchisees in these states should seek legal counsel to understand their rights and obligations fully.