What constitutes the entire agreement between the parties regarding the Fitstop franchise?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
- 20.2 This Agreement constitutes the entire agreement between the Parties and supersedes all prior and contemporaneous, oral or written, agreements or understandings of the parties. Nothing in this Agreement or in any related agreement, however, is intended to disclaim the representations made in the Franchise Disclosure Document furnished to Franchisee. Only the terms of this Agreement (including the Manual(s)) are binding (subject to state law). Any other promises may not be enforceable.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the franchise agreement represents the entire understanding between Fitstop and the franchisee, superseding any previous agreements, whether oral or written. However, the document clarifies that this does not disclaim any representations made within the Franchise Disclosure Document itself. Therefore, prospective franchisees should understand that only the terms outlined in the franchise agreement, including the manuals, are legally binding, subject to state law. Any promises or representations not explicitly included in these documents may not be enforceable.
This clause emphasizes the importance of ensuring all material terms and conditions are documented within the franchise agreement. Fitstop highlights that franchisees must ensure any promises or representations made during the franchise sales process are included in writing within the agreement or its amendments, schedules, or exhibits. This protects both parties by providing a clear, comprehensive record of their obligations and expectations.
Fitstop stresses that franchisees must ensure all promises and representations for present and future results and rights, whether absolute or contingent, are contained in the franchise agreement or they may be forever lost. This means that if a Fitstop representative makes a claim about potential revenue or market share, the franchisee should insist that this claim be documented within the agreement. This requirement aims to prevent misunderstandings and disputes by ensuring that all critical aspects of the franchise relationship are clearly defined and agreed upon in writing.