What is the stated purpose of the Franchisee Disclosure Acknowledgement for a Moes Southwest Grill franchise?
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.
Please review each of the following statements carefully and initial by each providing your acknowledgement that the statement is accurate and true. If you find that a statement is not accurate and true, please cease signing this Acknowledgement and related documents and immediately e-mail Tim Goodman, Senior Vice President of Franchise Administration, at tgoodman@gotofoods.com and provide an explanation of why you believe such statement is not accurate and true.
Source: Item 22 — Contracts (FDD page 92)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, the purpose of the Franchisee Disclosure Acknowledgement is to confirm several key aspects of the franchise agreement process. Specifically, it aims to determine if any unauthorized or misleading statements or promises were made to the franchisee. It also ensures that the franchisee has been properly represented during the transaction and fully understands the limitations on claims they can make regarding the purchase and operation of their Moe's Southwest Grill franchise. This acknowledgement is a critical step for both the franchisor and franchisee to ensure transparency and mutual understanding.
The acknowledgement requires the franchisee to carefully review a series of statements and initial each one to confirm its accuracy and truthfulness. If a franchisee finds any statement to be inaccurate, they are instructed to halt the signing process and immediately contact Moe's Southwest Grill's Senior Vice President of Franchise Administration, Tim Goodman, via email to provide an explanation. This process allows for discrepancies to be addressed and resolved before the franchise agreement is finalized.
It is important to note that the franchisee cannot sign and date the Acknowledgement on the same day they receive the Franchise Disclosure Document. Instead, it must be signed and dated on the same day the Franchise Agreement is signed and the franchise fee is paid. Furthermore, the FDD states that if the franchise is to be operated in, or the franchisee is a resident of, Maryland, the acknowledgement should not be signed. These stipulations highlight the importance of adhering to the specific instructions and timelines provided by Moe's Southwest Grill to ensure compliance and avoid potential issues.
For prospective franchisees, this Acknowledgement serves as a safeguard, ensuring they are fully informed and aware of the terms and conditions of their franchise agreement. By carefully reviewing and understanding each statement, franchisees can protect their interests and make informed decisions about their investment in a Moe's Southwest Grill franchise. The process also provides an opportunity to address any concerns or discrepancies before committing to the franchise, fostering a more transparent and trustworthy relationship between the franchisor and franchisee.