Is any party related to the Dryject franchise subject to a currently effective injunctive or restrictive order relating to any other business activity as a result of an action brought by a public agency or department, including, without limitation, actions affecting a license as a real estate broker or sales agent?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
Except as provided above, with regard to the franchisor, its predecessor, a person identified in Item 2, or an affiliate offering franchises under the franchisor's principal trademark:
- D. No such party is subject to a currently effective injunctive or restrictive order or decree relating to the franchise, or under a Federal, State, or Canadian franchise, securities, antitrust, trade regulation or trade practice law, resulting from a concluded or pending action or proceeding brought by a public agency; or is subject to any currently effective order of any national securities association or national securities exchange, as defined in the Securities and Exchange Act of 1934, suspending or expelling such person from membership in such association or exchange; or is subject to a currently effective injunctive or restrictive order relating to any other business activity as a result of an action brought by a public agency or department, including, without limitation, actions affecting a license as a real estate broker or sales agent.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to the 2025 Dryject Franchise Disclosure Document, Item 8 includes an addition to Item 3 that addresses legal and regulatory issues involving the franchisor and related parties. Specifically, it states that no party associated with Dryject is subject to a currently effective injunctive or restrictive order relating to any other business activity as a result of an action brought by a public agency or department. This includes actions that could affect a license as a real estate broker or sales agent.
This statement provides assurance to potential Dryject franchisees that the franchisor and its related parties are not currently under any legal restrictions that could impact their ability to conduct business. It indicates that Dryject and its affiliates have not faced legal actions from public agencies that resulted in injunctive or restrictive orders related to other business activities.
It is important for prospective franchisees to understand the implications of this statement. While it provides a level of comfort regarding the current legal standing of Dryject and its related parties, it does not guarantee future compliance or prevent potential legal issues from arising. Franchisees should continue to monitor the legal and regulatory environment and conduct their own due diligence to assess any potential risks associated with the franchise.