factual

Does the Monicals Pizza Development Agreement state that the developer acknowledges that there have been no representations by the franchisor or anyone on behalf of the franchisor that are not contained in, or are inconsistent with, the statements made in the Franchise Disclosure Document and the Development Agreement?

Monicals_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

DEVELOPER REPRESENTS AND ACKNOWLEDGES THAT IT HAS NOT RECEIVED OR RELIED ON ANY GUARANTEE, EXPRESS OR IMPLIED, AS TO THE REVENUES, PROFITS OR LIKELIHOOD OF SUCCESS OF ANY MONICAL'S RESTAURANT TO BE DEVELOPED PURSUANT TO THIS DEVELOPMENT AGREEMENT. DEVELOPER ACKNOWLEDGES AND AGREES THAT THERE HAVE BEEN NO REPRESENTATIONS BY FRANCHISOR OR ANYONE ON BEHALF OF FRANCHISOR THAT ARE NOT CONTAINED IN, OR ARE INCONSISTENT WITH, THE STATEMENTS MADE IN THE FRANCHISE DISCLOSURE DOCUMENT AND THIS DEVELOPMENT AGREEMENT.

Source: Item 23 — RECEIPTS (FDD pages 46–257)

What This Means (2025 FDD)

According to the 2025 Monicals Pizza Franchise Disclosure Document, the Development Agreement includes an acknowledgement by the developer regarding representations made by Monicals Pizza. Specifically, the developer acknowledges and agrees that they have not relied on any guarantees, express or implied, regarding the potential revenues, profits, or likelihood of success of any Monicals Pizza restaurant to be developed under the Development Agreement.

Furthermore, the developer acknowledges that there have been no representations made by Monicals Pizza or anyone acting on their behalf that are not already included in, or that are inconsistent with, the statements made in both the Franchise Disclosure Document and the Development Agreement itself. This clause is designed to protect Monicals Pizza from claims that it made promises or guarantees outside of the official documents.

This acknowledgement is a standard legal protection for franchisors. It reinforces that prospective franchisees should only rely on the information provided in the FDD and the Development Agreement when making their investment decision. It is important for potential Monicals Pizza developers to carefully review these documents and seek professional advice to fully understand the terms and conditions before signing the agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.