What is the Face Foundrie Area Developer warranting regarding fulfilling its responsibilities under the agreement?
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 Face Foundrie's 2025 Area Development Agreement, the Area Developer certifies that they have conducted an independent investigation of the business contemplated by the Area Development Agreement and the Face Foundrié Franchising L.L.C. Franchise Agreement. They also certify that their decision to execute the Area Development Agreement was based entirely upon their independent investigation.
Furthermore, the Area Developer is certifying that they have not relied upon any claims regarding potential sales, income, or earnings to be derived from the business, nor have they relied on any claims regarding past or current sales, income, or earnings of Face Foundrie or its affiliate operated Face Foundrié Facial Bars that are contrary to or different from the information contained in Face Foundrie's Franchise Disclosure Document. This means the Area Developer acknowledges they are making their decision based on their own due diligence, not on potentially misleading external claims.
Finally, the Area Developer certifies that they understand the risks involved in this investment and acknowledges that 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. This is a standard disclaimer in franchising, emphasizing that the success of the business depends on the Area Developer's efforts and market conditions, and Face Foundrie does not guarantee profitability.