factual

For Auntie Annes franchises in Hawaii, is Exhibit I (Franchisee Disclosure Acknowledgment) included in the Franchise Disclosure Document?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

  1. Exhibit I (Franchisee Disclosure Acknowledgment) to the Franchise Disclosure Document is hereby deleted in its entirety.

Source: Item 22 — CONTRACTS (FDD page 106)

What This Means (2024 FDD)

According to Auntie Annes's 2024 Franchise Disclosure Document, Exhibit I (Franchisee Disclosure Acknowledgment) is not included in the Franchise Disclosure Document for Hawaii. The Hawaii Addendum to the Disclosure Document specifically states that "Exhibit I (Franchisee Disclosure Acknowledgment) to the Franchise Disclosure Document is hereby deleted in its entirety."

This means that prospective Auntie Annes franchisees in Hawaii will not be required to sign a Franchisee Disclosure Acknowledgment as part of their franchise agreement. This acknowledgment typically confirms that the franchisee has reviewed the Disclosure Document and understands the terms of the franchise agreement.

The deletion of Exhibit I in Hawaii may be due to specific state franchise laws or regulations. It's important for potential franchisees in Hawaii to carefully review all other documents and agreements provided by Auntie Annes and to seek legal counsel to ensure they fully understand their rights and obligations.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.