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Franchise Disclosure

Franchise Disclosure From GTA Business Broker

This franchise disclosure is from GTA Business Broker on providing referral services to franchisors.  GTA Business Broker is a Business Brokerage Services division of ProClient Brokers Inc., Brokerage. GTA Business Broker are agents, finders and brokers with ProClient Brokers Inc., Brokerage located in Milton, Ontario, registered with Real Estate Council of Ontario (RECO) and provide services according to the Real Estate And Business Brokers Act (REBBA), 2002.

All franchise business listings/ads and information is not an offer to sell, or solicitation of an offer to buy a franchise. The offer of franchise can only be made in compliance with applicable pre-sale registration and disclosure requirements in your province or state. All advertisements are entirely dependent on the information provided by the Franchisors. All information should only be relied by a buyer after personal verification. The finder/broker and agent of ProClient Brokers Inc., Brokerage assume no responsibility for it’s accuracy.

  • GTA Business Broker is not an agent, employee, representative, or other functionary of the franchisor/seller/licensor of the respective franchises introduced to prospective franchise business buyer.
  • GTA Business Broker is an Independent Contractor, engaged in the activity of introducing prospective business buyers to franchisors/sellers/licensors of franchises.
  • GTA Business Broker is paid a finder’s fee or referral or commission by the seller/licensor if business buyer elects to purchase a franchise from a company that was introduced to buyer by us.
  • GTA Business Broker has not verified or checked the accuracy of the written or web site information provided by the seller/licensor, and assumes no responsibility for the acts, errors, or omissions of the seller/licensor, or the outcome of any transaction.
  • GTA Business Broker is not qualified to advise in any part of the purchase of a start up franchise business and hence recommends and urges franchise business buyer to seek professional advice from a lawyer, accountant, or other professionals.

Franchisors generally disclose various earnings and claims in their disclosure documents. GTA Business Broker/ProClient Brokers Inc., Brokerage do not verify the earnings and claims. You are advised to take your time and seek professional advice to make a decision.

IMPORTANT INFORMATION ABOUT FRANCHISE REGULATION

Following known countries that regulate offer and sale of franchises, including but not limited to:

United States (federal law), Australia, Brazil, Canada, China, France, Italy, Indonesia, Japan, Malaysia, Mexico, Romania, Russia, South Africa, South Korea and Spain.

Franchise Regulations in Canada:

The offer and sale of franchises in Canada is regulated at the provincial level. Following provinces in Canada have Franchise Regulations:

Alberta, Ontario, Prince Edward Island, and New Brunswick

Alberta
Click on the links to learn more about province of Alberta franchise regulation:
Alberta Franchises Act
Alberta Franchise Regulation
Alberta Franchise Act Exemption

Ontario
Click on the links to learn more about province of Ontario franchise regulation:
Learn more. (English)
Learn more. (Français)

Prince Edward Island
Click on the links to learn more about province of Prince Edward Island franchise regulation:
Learn more.

New Brunswick
Click on the links to learn more about province of New Brunswick franchise regulation:
Learn more.

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