What exhibit in the Anago FDD contains the Acknowledgment of Receipt?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: April 1, 2025
See Exhibit B for Anago Franchising, Inc.'s registered agents authorized to receive service of process.
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 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, Exhibit I contains the Acknowledgment of Receipt. Item 23 within the FDD, titled "Receipts", refers to this exhibit. Anago requires prospective franchisees to sign and return a copy of this receipt to acknowledge they have received the FDD. This receipt serves as proof that Anago provided the disclosure document, which contains important information about the franchise, to the potential franchisee within the legally mandated timeframe.
Specifically, Item 23 states that Exhibit I includes a detachable document in duplicate for acknowledging receipt of the Disclosure Document. Franchisees are instructed to sign both copies, retain one for their records, and return the other to Anago. This process ensures that Anago has confirmation that the franchisee received the FDD and is aware of its contents before entering into any binding agreements or making payments.
The FDD also lists all the exhibits included with the disclosure document, including "I - Acknowledgment of Receipt". This reinforces the importance of this document in the franchise process, as it confirms that the franchisee has been given the opportunity to review the necessary information before making a final decision. The Acknowledgment of Receipt is a standard legal practice in franchising, designed to protect both the franchisor and franchisee by documenting the exchange of critical information.