What is included as a detachable receipt in the Aunt Millies Bakeries Franchise Disclosure Document?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
Date: January 31, 2025 __________________________ Printed Name of Distributor FDD2025.001 Multistate Retain this copy for your records
ATTACHMENT A - RECEIPT (Our Copy)
This Franchise Disclosure Document summarizes certain provisions of the franchise agreement and other information in plain language. Read this Franchise Disclosure Document and all agreements carefully. If Perfection Bakeries, Inc. offers you a franchise, it must provide this Franchise Disclosure Document to you 14 days before you sign a binding agreement or make a payment with the franchisor or an affiliate in connection with the proposed franchise sale. You must also receive a franchise agreement containing all material terms at least 7 calendar days before you sign any franchise agreement. If Perfection Bakeries, Inc. does not deliver this Franchise Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington D.C. 20580 and the state agencies listed in Exhibit A. We authorize the agents listed in Exhibit A to receive service of process on our behalf.
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to the 2025 Aunt Millies Bakeries Franchise Disclosure Document, Attachment A includes a receipt that summarizes key provisions of the franchise agreement and other important information in plain language. There are actually two copies of this receipt: one for the franchisee to retain and one for Aunt Millie's Bakeries' records.
The receipt emphasizes the importance of carefully reading the Franchise Disclosure Document and all related agreements. It states that Aunt Millies Bakeries must provide the FDD to the prospective franchisee at least 14 days before signing a binding agreement or making any payment related to the franchise. Additionally, the franchise agreement, containing all material terms, must be received at least 7 calendar days before signing.
The receipt also informs the prospective franchisee of their rights and recourse in case of any discrepancies. It states that if Aunt Millies Bakeries fails to deliver the FDD on time, or if the document contains false, misleading statements, or material omissions, it could be a violation of federal and state laws. In such cases, the franchisee is advised to report the issue to the Federal Trade Commission in Washington D.C., as well as to the relevant state agencies listed in Exhibit A of the FDD. The receipt also mentions that the agents listed in Exhibit A are authorized to receive service of process on behalf of Aunt Millies Bakeries.