Can I assume that Mr. Sandless will help me secure a loan if I am having trouble?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
NO SALESPERSON, REPRESENTATIVE OR OTHER PERSON HAS THE AUTHORITY TO BIND OR OBLIGATE US EXCEPT AN AUTHORIZED OFFICER OF OURS BY WRITTEN DOCUMENT. YOU ACKNOWLEDGE THAT NO REPRESENTATIONS, PROMISES, INDUCEMENTS, GUARANTEES OR WARRANTIES OF ANY KIND WERE MADE BY US OR ON OUR BEHALF, WHICH HAVE CAUSED YOU TO ENTER INTO THIS AGREEMENT. YOU UNDERSTAND THAT WHETHER YOU SUCCEED AS A FRANCHISEE IS DEPENDENT UPON YOUR EFFORTS, BUSINESS JUDGMENTS, THE PERFORMANCE OF YOUR EMPLOYEES, MARKET CONDITIONS AND VARIABLE FACTORS BEYOND OUR CONTROL OR INFLUENCE. YOU FURTHER UNDERSTAND THAT SOME FRANCHISEES ARE MORE, OR LESS, SUCCESSFUL THAN OTHER FRANCHISEES AND THAT WE HAVE MADE NO REPRESENTATIONS THAT YOU WILL DO AS WELL AS ANY OTHER FRANCHISEE.
Source: Item 10 — FINANCING (FDD page 19)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, franchisees should not assume that Mr. Sandless will provide assistance in securing loans. The FDD states that no salesperson, representative, or other person has the authority to obligate Mr. Sandless except an authorized officer through a written document. Furthermore, the document explicitly states that no representations, promises, inducements, guarantees, or warranties of any kind were made by Mr. Sandless or on its behalf to cause the franchisee to enter into the agreement. This means that any expectation of financial assistance should not be a factor in your decision to become a franchisee.
The FDD emphasizes that the success of a Mr. Sandless franchisee depends on their own efforts, business judgment, employee performance, market conditions, and other factors beyond the control or influence of Mr. Sandless. The document also clarifies that some franchisees are more or less successful than others, and Mr. Sandless makes no representation that a new franchisee will perform as well as any other franchisee. This reinforces the idea that franchisees are responsible for their own financial outcomes.
Prospective franchisees are advised to conduct an independent investigation of the franchised business and to understand that any income or profits realized will primarily result from their own efforts and labor, not those of Mr. Sandless or third parties. The FDD also states that the franchise is not a security, and franchisees should not rely on Mr. Sandless or any third party to produce income for them. Therefore, it is crucial for potential franchisees to have their own financial resources and business acumen to succeed, rather than depending on the franchisor for financial assistance.