What documents constitute the entire agreement between the franchisee and the company for a Gold Star franchise?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
consent, FRANCHISEE shall make a timely written request therefor, and such approval may be granted or denied by the COMPANY in its discretion. No approval shall be effective unless given in writing. The COMPANY makes no warranties, representations, or guarantees upon which FRANCHISEE may rely, and assumes no liability or obligation to FRANCHISEE, by providing any waiver, approval, consent or suggestion to FRANCHISEE in connection with this Agreement, or by reason of any neglect, delay or denial of any request therefor.
- 24. NO THIRD PARTY BENEFICIARIES. Nothing express or implied herein is intended or shall be construed to confer upon or give any person, firm or corporation, other than the parties hereto, any right or remedy hereunder or by reason hereof.
- 25. REPRESENTATIONS OF FRANCHISEE. FRANCHISEE REPRESENTS THAT IT RECEIVED A FRANCHISE DISCLOSURE DOCUMENT FOR GOLD STAR CHILI FRANCHISES FOURTEEN (14) CALENDAR DAYS BEFORE THE EARLIER OF (A) EXECUTION OF THIS AGREEMENT (OR ANY OTHER AGREEMENT RELATING HERETO) AND (B) MAKING ANY PAYMENT TO THE COMPANY, THAT THE FRANCHISEE HAS READ THIS AGREEMENT, THE EXHIBITS AND THE COMPANY'S UNIFORM FRANCHISE DISCLOSURE DOCUMENT IN THEIR ENTIRETY, THAT IT HAS MADE ITS OWN INDEPENDENT INVESTIGATION OF
THE FRANCHISE AND THAT IT HAS BEEN GIVEN THE OPPORTUNITY TO CLARIFY ANY PROVISION AND INFORMATION THAT IT DID NOT UNDERSTAND AND TO CONSULT WITH ITS OWN ATTORNEY OR OTHER PROFESSIONAL ADVISOR AND HAS OBTAINED INDEPENDENT LEGAL AND FINANCIAL ADVICE PRIOR TO EXECUTING THIS AGREEMENT.
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the franchise agreement, along with its exhibits, forms the core of the agreement between Gold Star and the franchisee. Specifically, Exhibit B to the Franchise Disclosure Document is the Franchise Agreement itself.
Several exhibits are attached to the franchise agreement, further defining the relationship and obligations. These include Exhibit A, which lists agents for service of process, Exhibit B, which outlines lease provisions, and Exhibit C, which contains the personal guaranty. Exhibit I to the Franchise Disclosure Document is a receipt acknowledging the franchisee received the disclosure document and its exhibits.
Additionally, Gold Star's System Standards, as communicated in the manual or in writing, are considered part of the agreement. Franchisees must adhere to these standards, which cover various aspects of the restaurant's operation, including ingredients, food preparation, and service methods. The franchisee also represents that they have read the franchise agreement, its exhibits, and the Franchise Disclosure Document in their entirety and have had the opportunity to seek independent legal and financial advice before signing the agreement.