Besides the financial performance representation provided, does Hydrodog make any other financial performance representations about a franchisee's future financial performance?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Other than the preceding financial performance representation, we do not make any financial performance representations about a franchisee's future financial performance or the past financial performance of Company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations whether orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance or projections of your future income, you should report it to the franchisor's management by contacting Ashby Green, Ashby@hydrodog.com, 8200 Seminole Blvd., Seminole, FL 33772 and (888) 668-8170, the Federal Trade Commission, and the appropriate state regulatory agency.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 38–40)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, besides the specific financial performance representation provided, Hydrodog does not make any other financial performance representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. Hydrodog also does not authorize its employees or representatives to make any such representations, whether orally or in writing. This means that prospective franchisees should not rely on any financial projections or promises made by Hydrodog employees or representatives that are not included in the FDD. Such representations should be reported to Hydrodog's management, the Federal Trade Commission, and the appropriate state regulatory agency.
However, if a prospective franchisee is purchasing an existing Hydrodog outlet, the franchisor may provide the actual records of that outlet. This is a common practice in franchising, as it allows potential buyers to assess the financial history of a specific location. It is important to note that past performance is not necessarily indicative of future results, but it can provide valuable insights.
The FDD also states that financial performance information that differs from that included in Item 19 may be given only if: (1) Hydrodog provides the actual records of an existing outlet you are considering buying; or (2) Hydrodog supplements the information provided in Item 19, for example, by providing information about performance at a particular location or under particular circumstances. This suggests that while Hydrodog generally avoids making additional financial performance representations, there are limited circumstances in which they may provide further information.
Therefore, it is crucial for potential Hydrodog franchisees to rely on the financial performance representation provided in Item 19 of the FDD and to conduct their own independent investigation and consult with financial advisors and legal counsel before making any investment decisions. Any additional financial information received should be carefully scrutinized and verified.