Who at Fat Shack reviews the Statement of Prospective Franchisee?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
Since the prospective franchisee (also called "me," "our", "us", "we", and/or "I" in this document) and Fat Shack Inc. (also called "FSI", "you", or "your") both have an interest in making sure that no misunderstandings exist between each of us, and to verify that no violations of law might have occurred, and understanding that FSI is relying on the statements I/we make in this document, I/we advise FSI as follows:
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
Based on the 2025 Fat Shack Franchise Disclosure Document, the document indicates that Fat Shack Inc. (FSI) relies on the statements made by the prospective franchisee in the Statement of Prospective Franchisee. The FDD states that both the prospective franchisee and Fat Shack Inc. have an interest in ensuring no misunderstandings exist and verifying that no violations of law have occurred.
Therefore, Fat Shack reviews the Statement of Prospective Franchisee to verify the information provided by the potential franchisee. This review is part of Fat Shack's process to ensure that the franchisee understands the obligations and expectations of the franchise agreement and that there are no legal impediments to the franchise relationship.
While the FDD excerpt highlights Fat Shack's reliance on the franchisee's statements, it does not specify which individual or department within Fat Shack is responsible for reviewing the Statement of Prospective Franchisee. It is common practice for franchisors to have a designated team or individual, such as a franchise development manager or legal counsel, to handle such reviews. A prospective franchisee should ask Fat Shack directly who specifically reviews this statement.