Does Monicals Pizza rely on the answers provided by the franchisee in the FDD?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
RANCHISEE DISCLOSURE QUESTIONNAIRE
As you know, MONICAL PIZZA CORPORATION and you are preparing to enter into a Franchise Agreement for the operation of a Franchised Restaurant. In this Franchisee Disclosure Questionnaire, MONICAL PIZZA CORPORATION will be referred to as "we" or "us." The purpose of this Questionnaire is to determine whether any statements or promises were made to you that we did not authorize and that may be untrue, inaccurate or misleading. Please review each of the following questions carefully and provide honest and complete responses to each question.
| 1. | Have you received and personally reviewed MONICAL PIZZA CORPORATION Franchise Agreement and each exhibit, addendum and schedule attached to it? Yes No |
|---|---|
| 2. | Do you understand all of the information contained in the Franchise Agreement and each exhibit and |
| schedule attached to it? | |
| Yes | |
| No | |
| If "No", what parts of the Franchise Agreement do you not understand? (Attach additional pages, if | |
| necessary.) | |
| 3. | Have you received and personally reviewed our Disclosure Document we provided to you? |
| Yes | |
| No | |
| 4. | Do you understand all of the information contained in the Disclosure Document? |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to the 2025 Monicals Pizza Franchise Disclosure Document, Monicals Pizza requires prospective franchisees to complete a Franchisee Disclosure Questionnaire. The purpose of this questionnaire is to determine if any unauthorized, untrue, inaccurate, or misleading statements or promises were made to the franchisee.
Furthermore, the FDD states that the franchisee represents that all information provided in any applications, financial statements, and other submissions to Monicals Pizza is true, complete, and accurate. The franchisee also acknowledges that Monicals Pizza is relying on the truthfulness, completeness, and accuracy of this information. This indicates that Monicals Pizza places significant importance on the information provided by the franchisee during the application process.
In addition, the franchisee represents that they have conducted an independent investigation of the business and acknowledges the risks involved in investing in a Monicals Pizza restaurant. The franchisee also confirms that they have not received or relied on any guarantees regarding the potential success of the restaurant, except for what is contained in the Franchise Disclosure Document and the Franchise Agreement. These representations highlight the franchisee's responsibility to verify information and understand the business risks, further emphasizing the reliance of Monicals Pizza on the franchisee's due diligence and honest disclosures.