What date should be entered on the receipt to acknowledge receiving the Aplus disclosure document?

According to Aplus's 2024 Franchise Disclosure Document, the receipt for the disclosure document should be dated April 26, 2024. This is explicitly stated as the 'Date of Issuance' on the receipt form included in the FDD.

This date is important because it establishes when Aplus provided the FDD to the prospective franchisee. Franchise laws typically require a waiting period between the receipt of the FDD and the signing of any binding agreements or payment of fees. This waiting period allows the franchisee to review the document and seek professional advice.

The FDD states that Sunoco Retail LLC (Aplus) must provide the disclosure document to you 14 calendar days before you sign a binding agreement or make a payment. Michigan requires at least ten business days before signing any agreement or payment. New York requires the document be provided by the earliest of (1) the first personal meeting to discuss the franchise; or (2) ten business days before the signing of a binding agreement; or (3) ten business days before a payment to Sunoco Retail LLC or its agent.

It is crucial for a prospective Aplus franchisee to ensure the accuracy of this date and retain the receipt, as it serves as proof of compliance with franchise disclosure laws. Any discrepancies or failure to receive the document on time could potentially be a violation of federal and state laws, which should be reported to the Federal Trade Commission and the relevant state agency.