How many copies of the receipt are included in the Bang Cookies Disclosure Document?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
Two copies of a detachable receipt in Exhibit K are located at the very end of this Disclosure Document. Please sign one copy of the receipt and return it to us at the following address George Kuan, Bang Cookies Franchise LLC, 550 Industrial Road, Unit D, Carlstadt, New Jersey 07072. The duplicate is for your records.
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to the 2024 Bang Cookies Franchise Disclosure Document, there are two copies of a detachable receipt located in Exhibit K at the end of the document. Bang Cookies requires that the franchisee sign and return one copy of the receipt to the company at the provided address. The franchisee should keep the duplicate copy for their own records.
This receipt serves as an acknowledgment that the franchisee received the FDD and understands its contents. It is a standard practice in franchising to include such a receipt to ensure compliance with disclosure requirements. The FDD aims to provide potential franchisees with all the necessary information to make an informed investment decision.
By signing and returning the receipt, the franchisee confirms they have received the document and are aware of the terms and conditions outlined within. This helps protect both the franchisee and Bang Cookies by documenting that the required disclosures were made. Franchisees should carefully review the FDD and all related agreements before signing the receipt or making any payments to Bang Cookies.