Which exhibit in the Anago FDD contains the Acknowledgement of Receipt?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated April 1, 2025, that included the following Exhibits:
A – Anago Subfranchise Rights Agreement
B – State Administrators/Agents for Service of Process
C – Deposit Agreement
D – NBDS License Agreement
E – List of Anago Subfranchisors
F – Financial Statements and guaranty of performance
G – Table of Contents for Anago Manuals
H – State Specific Riders
I - Acknowledgment of Receipt
Source: Item 22 — CONTRACTS (FDD page 62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the Acknowledgement of Receipt is included as Exhibit I. Item 23 of the FDD, which covers receipts, references this exhibit. Franchisees are required to sign and return a copy of this receipt to Anago, confirming they have received the FDD.
This acknowledgement is a standard legal practice in franchising. It serves as proof that Anago provided the required disclosure document to the prospective franchisee within the legally mandated timeframe. This helps protect both the franchisee and Anago by ensuring transparency and compliance with franchise regulations.
Prospective Anago franchisees should carefully review all exhibits in the FDD, including Exhibit I, and ensure they understand their rights and obligations before signing any agreements or making any payments. Keeping a signed copy of the receipt for their records is also advisable.