When must a prospective Moes Southwest Grill franchisee sign and date the Franchisee Disclosure Acknowledgement?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Moe's Franchisor SPV LLC ("we") and the franchisee identified below ("you") are preparing to enter into a Moe's® Franchise Agreement (the "Franchise Agreement") for the operation of a Moe's® franchise. The purpose of this Acknowledgement is to determine whether any statements or promises were made to you that we have not authorized or that may be untrue, inaccurate or misleading, to be certain that you have been properly represented in this transaction, and to be certain that you understand the limitations on claims you may make by reason of the purchase and operation of your franchise. You cannot sign or date this Acknowledgement the same day as the Receipt for the Franchise Disclosure Document, but you must sign and date it the same day you sign the Franchise Agreement and pay your franchise fee.
Source: Item 22 — Contracts (FDD page 92)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, a prospective franchisee cannot sign and date the Franchise Disclosure Acknowledgement on the same day as the Receipt for the Franchise Disclosure Document. Instead, the Acknowledgement must be signed and dated on the same day the franchisee signs the Franchise Agreement and pays the franchise fee. However, this does not apply to franchisees operating in or residents of Maryland, who should not sign the acknowledgement.
This requirement ensures that franchisees have adequate time to review the FDD and seek professional advice before committing to the franchise. The Acknowledgement serves to confirm that the franchisee has not relied on any unauthorized or misleading statements from Moe's Southwest Grill and that they understand the limitations on potential claims related to the franchise.
It is crucial for prospective Moe's Southwest Grill franchisees to adhere to this timeline to ensure compliance with the franchise agreement and to protect their legal rights. Failing to follow the specified procedure could potentially impact the validity of the agreement or the franchisee's ability to make future claims. Franchisees should also note the instruction to contact Moe's Southwest Grill's Senior Vice President of Franchise Administration, Tim Goodman, if they find any statement in the Acknowledgement to be inaccurate or untrue.