Does Face Foundrie offer any warranty or guarantee regarding potential volume, profits, or success?
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.
IN WITNESS WHEREOF, the undersigned have signed and delivered this Certificate this day of , 20 AREA DEVELOPER certify the foregoing: Each of the undersigned Principals own a beneficial interest in Area Developer and has read the Area Development Agreement, agree to be individually bound by all obligations of Area Developer hereunder and
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to the 2025 Face Foundrie FDD, Face Foundrie does not make any guarantees regarding the potential financial performance of a franchise. The Area Development Agreement includes an exhibit where the developer certifies they have conducted their own independent investigation and have not relied on any claims regarding potential sales, income, or earnings. This certification emphasizes that any decision to invest in a Face Foundrie franchise should be based on the franchisee's own due diligence and not on any guarantees from Face Foundrie.
The FDD includes a receipt form that franchisees must acknowledge. One of the questions on the receipt asks if any employee or person speaking on behalf of Face Foundrie has made any statement or promise regarding the actual, average, or projected profits or earnings, the likelihood of success, the amount of money you may earn, or the total amount of revenue a Face Foundrie franchise will generate, that is not contained in the Disclosure Document or that is contrary to, or different from, the information contained in the Disclosure Document. The franchisee must acknowledge whether such statements have been made.
This lack of guarantees is standard practice in the franchise industry, as the success of a franchise depends heavily on the individual franchisee's efforts, local market conditions, and other factors beyond the franchisor's control. Prospective Face Foundrie franchisees should carefully review the FDD, conduct thorough market research, and consult with financial advisors to assess the potential risks and rewards of investing in a Face Foundrie franchise.