Does Southern Steer make any representations or warranties regarding the potential success of my Southern Steer business?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor does not make any representations or warranties, express, implied or collateral, as to the potential success of Franchisee's Southern Steer Business and no one is authorized to make any such representations or warranties.
Franchisor makes no representations or warranties that the required minimum insurance is adequate to protect Franchisee and Franchisor.
Franchisor does not furnish or authorize any parties to furnish any oral or written information concerning the actual or potential sales, costs, income, or profits of Franchisee's Southern Steer Business outside the franchise disclosure document and Franchisee has not received or relied upon any warranty, representation or guarantee, expressed, collateral or implied, as to the potential volume, profits, Gross Revenues, income, estimates, projections, or success of the Southern Steer Business contemplated by this Agreement outside the franchise disclosure document.
Actual results will vary among franchisees and Franchisor cannot estimate the results of any particular Southern Steer Business.
Franchisee acknowledges that no approvals, consents, waivers, conditions, or the like by Franchisor are an endorsement by Franchisor or a warranty by Franchisor of the success of Franchisee's Southern Steer Business or the appropriateness of the particular items, persons, or matters so approved.
Franchisee further acknowledges, understands and accepts that Franchisee is not relying on Franchisor's or its Affiliates approvals, consents, waivers or the like.
Source: Item 22 — ITEM. 22 CONTRACTS (FDD pages 61–168)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, Southern Steer does not make any representations or warranties, whether express, implied, or collateral, regarding the potential success of a franchisee's Southern Steer Business. Furthermore, no one is authorized to make such representations or warranties on behalf of Southern Steer.
This means that prospective franchisees should not rely on any claims or promises about potential sales, costs, income, or profits, unless those claims are explicitly stated within the Franchise Disclosure Document itself. Southern Steer explicitly states that actual results will vary among franchisees and that they cannot estimate the results of any particular Southern Steer Business.
Southern Steer also disclaims any express or implied representations or warranties regarding the sales, earnings, income, profits, gross revenues, economics, business or financial success, or value of the Franchisee's Southern Steer Business except as specifically contained in the Franchise Disclosure Document received by the Franchisee. The franchisee also acknowledges that no approvals, consents, waivers, conditions, or the like by Southern Steer are an endorsement by Southern Steer or a warranty by Southern Steer of the success of Franchisee's Southern Steer Business or the appropriateness of the particular items, persons, or matters so approved.
Prospective franchisees should conduct their own independent investigation and due diligence, consulting with their own advisors, to assess the potential risks and rewards of investing in a Southern Steer franchise. The success of the business depends largely on the franchisee's abilities, skills, initiative, and hard work.