Does Spray Net assure franchisees that they will achieve the same sales as some existing outlets?

According to Spray Net's 2025 Franchise Disclosure Document, Spray Net does not guarantee that franchisees will achieve the same sales as existing outlets. Item 19 includes a general note stating, "Some outlets have sold this amount. Your individual results may differ. There is no assurance you will sell as much." This statement indicates that while the FDD provides financial performance representations based on some existing Spray Net businesses, a new franchisee's performance may vary significantly.

Spray Net provides financial performance representations based on historical data from both Canadian (CN) and U.S. businesses. The document includes average, median, high, and low gross sales figures for these businesses. However, it explicitly states that these figures are not a guarantee of future performance. The financial performance of a Spray Net franchise can be influenced by factors such as location, market conditions, management skills, and the franchisee's efforts.

Spray Net encourages prospective franchisees to consult with their own financial, business, and legal advisors to assess the likely financial performance of the franchise. They also recommend contacting existing franchisees to discuss their experiences with the system. This proactive approach emphasizes the importance of conducting thorough due diligence and seeking professional advice before making a final investment decision.

Prospective franchisees should carefully review the financial performance representations in Item 19, understand the assumptions and limitations, and consider how their individual circumstances may impact their potential sales and profitability. It is crucial to recognize that past performance is not necessarily indicative of future results, and there is no assurance of achieving the same level of success as existing Spray Net outlets.