Does the Focus Cfo franchise agreement disclaim the representations Focus CFO has made in the Franchise Disclosure Document?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Nothing in this Agreement, however, is intended to disclaim the representations Focus CFO has made in the Franchise Disclosure Document that we furnished to Franchisee.
No statement, questionnaire, or acknowledgment signed or agreed to herein by Franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by Focus CFO, franchise seller, or other person acting on behalf of Focus CFO.
This provision supersedes any other term of any document executed in connection with the Franchise.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, the franchise agreement does not disclaim the representations Focus CFO made in the Franchise Disclosure Document (FDD). The agreement states that nothing within it is intended to disclaim the representations Focus CFO made in the FDD that was furnished to the franchisee.
Furthermore, any statements, questionnaires, or acknowledgments signed by the franchisee in connection with starting the franchise will not waive claims under state franchise law, including fraud, or disclaim reliance on statements made by Focus CFO or anyone acting on its behalf. This provision takes precedence over any other term in any document related to the franchise.
In essence, Focus CFO is affirming that the information provided in the FDD is reliable and that franchisees can rely on those representations. This protects the franchisee from potential future claims that they were not provided with accurate information during the franchise sales process. This is a standard practice in franchising, as franchisors are legally required to provide accurate and complete information to prospective franchisees.