Is Floyds 99 required to disclaim representations made in the franchise disclosure document within the franchise agreement?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Nothing in this Agreement or in any related agreement is intended to disclaim the representations made by the Franchisor in the franchise disclosure document that the Franchisor provided to the Franchisee.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the franchise agreement does not disclaim representations made by Floyds 99 in the franchise disclosure document. The franchise agreement explicitly states that nothing within it or any related agreement is intended to disclaim those representations. This means Floyds 99 is legally bound by the statements and information provided in the FDD.
This clause protects the franchisee by ensuring that Floyds 99 cannot later argue that the franchisee should not rely on the information provided in the FDD. The FDD contains important details about the franchise system, including fees, costs, obligations, and performance data.
Franchisees should carefully review the FDD and franchise agreement to understand their rights and obligations. This provision reinforces the importance of the FDD as a source of reliable information for making an informed investment decision.