What does the Face Foundrie Area Developer acknowledge regarding representations about the franchise?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
The undersigned, personally and as an officer(s), member(s) or partner(s) of Area Developer, as applicable, does hereby certify that he/she has conducted an independent investigation of the business contemplated by this Area Development Agreement and the Face Foundrié Franchising L.L.C. Franchise Agreement, and that the decision to execute the Area Development Agreement was based entirely upon the independent investigation by the undersigned; and the undersigned further certifies that he/she has not relied upon, in any way, any claims regarding potential sales, income, or earnings to be derived from the business contemplated by the Franchise Agreement and Area Development Agreement, and has not relied upon any claims regarding past or current sales, income or earnings of Franchisor or its affiliate operated Face Foundrié Facial Bars that are contrary to or different from the information contained in Franchisor's Franchise Disclosure Document. The undersigned further certifies that he/she understands the risks involved in this investment and Face Foundrié Franchising L.L.C. makes no representation or guaranty, explicit or implied, that the Area Developer will be successful or will recoup his/her investment.
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to the 2025 Face Foundrie FDD, the Area Developer acknowledges several key points regarding their investment decision and the representations made by Face Foundrie. Specifically, the Area Developer certifies that they have conducted an independent investigation of the business opportunity, including both the Area Development Agreement and the Franchise Agreement. This investigation forms the basis of their decision to proceed with the Area Development Agreement.
Furthermore, the Area Developer acknowledges that they have not relied on any claims regarding potential sales, income, or earnings derived from the business, nor have they relied on any claims about past or current sales, income, or earnings of Face Foundrie or its affiliated facial bars that contradict the information provided in Face Foundrie's Franchise Disclosure Document. This is a critical acknowledgement, as it emphasizes that the Area Developer is making their investment decision based on their own due diligence and the official information provided by Face Foundrie, rather than any potentially misleading or unsubstantiated claims.
Finally, the Area Developer acknowledges and understands the risks involved in this investment. Face Foundrie explicitly makes no representation or guarantee, either explicit or implied, that the Area Developer will be successful or will recoup their investment. This underscores the inherent risks of investing in a franchise and the importance of the Area Developer's independent assessment of the opportunity. This acknowledgement serves to protect Face Foundrie from potential future claims of misrepresentation or guarantees of success.