factual

Does Stretch Zone require franchisees to review the Franchise Agreement and FDD?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

The following acknowledgements apply to all franchisees and Franchised Units, except those that are subject to the state franchise disclosure laws in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin:

  • (a) You have conducted an independent investigation of the business venture contemplated by this Agreement and recognize that it involves business risks and that your results will be largely dependent upon your own efforts and ability. You have reviewed this Agreement and the FDD. You have been accorded ample time to consult with, and ask questions of, our representatives and to consult with your own legal counsel and other advisors about the potential risks and benefits of entering into this Agreement, and we have advised you to do so.
  • (b) You have no knowledge of any representations made about the Stretch Zone franchise opportunity by us, our Affiliates, or any of our or their officers, directors, owners, or agents that are contrary to the statements made in the FDD or to the terms and conditions of this Agreement. You are not relying on any representations or warranties, express or implied, provided by us or our representatives other than those expressly set forth in this Agreement and the FDD.
  • (c) Except as may be stated in the FDD, neither we, nor any of our Affiliates, nor any of our or our Affiliates' officers, agents, employees, or representatives have made any representation to you, express or implied, as to the historical revenues, earnings, or profitability of any Stretch Zone business or the anticipated revenues, earnings, or profitability of your Franchise Business or any other business operated by us, our licensees, our franchisees, or our Affiliates. Any information you have acquired from other Stretch Zone franchisees regarding their sales, profits or cash flows is not information obtained from us, and we make no representation about that information's accuracy.

Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)

What This Means (2025 FDD)

According to the 2025 Stretch Zone Franchise Disclosure Document, franchisees (excluding those in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin) must acknowledge that they have reviewed the Franchise Agreement and the FDD. This acknowledgement confirms that the franchisee has conducted an independent investigation of the business venture, understands the associated risks, and recognizes that their success depends largely on their own efforts and abilities.

This requirement ensures that franchisees are aware of the terms and conditions of the agreement and have had ample opportunity to seek advice from legal counsel and other advisors. It also confirms that franchisees are not relying on any representations or warranties beyond what is explicitly stated in the Franchise Agreement and the FDD.

For prospective Stretch Zone franchisees, this means that before signing the agreement, they should thoroughly review all documents and seek professional advice to fully understand their obligations, rights, and the potential risks and benefits of investing in a Stretch Zone franchise. Franchisees in the listed states may be subject to different acknowledgement requirements as defined by their state franchise disclosure laws.

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.