As a Hyper Kidz franchisee, am I acknowledging that I have not relied on any earnings claims made by representatives regarding potential future sales, revenues, or profits?

According to the 2024 Hyper Kidz Franchise Disclosure Document, as a prospective franchisee, you must acknowledge that you have not relied on any earnings claims made by Hyper Kidz representatives regarding potential future sales, revenues, or profits. This acknowledgement is a formal declaration that you are making your investment decision based on your own independent assessment and not on any projected financial performance figures presented by the franchisor or its representatives. This includes any oral or written statements or suggestions about potential sales, revenues, or profits.

This provision protects Hyper Kidz from potential legal claims if the franchise's actual performance does not meet the franchisee's expectations. It reinforces that the success of the Hyper Kidz business depends on the franchisee's abilities as an independent businessperson and involves substantial business risks.

By acknowledging this, you are confirming that you understand the risks involved and that you have conducted your own due diligence. This typically involves reviewing the FDD, consulting with financial and legal advisors, and conducting market research to assess the viability of the Hyper Kidz franchise in your specific location. Franchisees should pay close attention to Item 19 of the FDD, which may contain limited financial performance representations, and understand that past performance is not necessarily indicative of future results.