factual

What representation must a DryJect franchisee business entity make regarding the operation of the Franchised Business?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (a) If You are an individual or individuals, then You acknowledge and agree that the grant of license in Section 3 is made by Us in reliance on Your personal attributes and in consideration of the trust and confidence which We place in You, and on Your representation that You will actively and substantially participate personally in the beneficial ownership and management of the DryJect Franchised Business.
  • (b) In the event You are a business entity (including but not limited to a corporation, a limited liability corporation, a partnership, a limited liability partnership, a trust), in addition to being newly formed, You must complete and sign the Principal Owner's Statement attached to this Agreement as Addendum D and each individual with an ownership interest in You must also

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, if the franchisee is an individual, they must acknowledge and agree that the license is granted in reliance on their personal attributes. Dryject is placing trust and confidence in the individual franchisee. The franchisee must represent that they will actively and substantially participate personally in the beneficial ownership and management of the DryJect Franchised Business. This means Dryject expects the individual to be hands-on and significantly involved in running the business.

If the Dryject franchisee is a business entity, such as a corporation, LLC, partnership, or trust, the entity must be newly formed. Additionally, the franchisee must complete and sign the Principal Owner's Statement attached to the Franchise Agreement as Addendum D. Each individual with an ownership interest in the business entity must also complete and sign this statement. This ensures that Dryject has information about all individuals with a stake in the franchise, even if the franchisee is not an individual person.

This requirement ensures that Dryject knows who is behind each franchise location, whether it's an individual or a business entity. By requiring personal participation from individual franchisees and detailed information about the owners of business entities, Dryject aims to maintain quality control and protect its brand reputation. This is a common practice in franchising, as the success of each franchise location can impact the overall brand image.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.