If entering into an Area Development Agreement for a Buona franchise, does the Franchise Acknowledgement Questionnaire ask if the Area Development Agreement and its exhibits have been received?

Question

Accepted Answer

| l.  | Yes | No | Have you received the completed Franchise Agreement and each exhibit attached to it?                                                                                                       |
|-----|-----|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2. | Yes | No | Have you received the Franchise Disclosure Document we provided? |
| 3. | Yes | No | If you are purchasing a Buona/Rainbow Cone Dual Brand franchise, did you also receive the Five Flavors Franchising, LLC Franchise Disclosure Document? |
| 4. | Yes | No | Did you sign a receipt for the Franchise Disclosure Document (or both of them) indicating the date you received it? |
| 5. | Yes | No | Did the receipt for the Franchise Disclosure Document identify the franchise sellers with which you have had discussions about the franchise opportunity? |
| 6. | Yes | No | If you are entering into an Area Development Agreement, have you received the completed Area Development Agreement and each exhibit? |
| 7. | Yes | No | Have you spoken with existing Buona franchisees about the Buona Business? |
| 8. | Yes | No | Have you conducted an independent investigation of a Buona Business? |
| 9. | Yes | No | Do you understand all disputes or claims you may have arising out of or relating to the Franchise Agreement must be arbitrated in Illinois, if not resolved informally or by mediation? |
| 10. | Yes | No | Do you understand that you must satisfactorily complete the initial training course before we will allow your franchised business to open or consent to a transfer? |

Source: Item 22 — CONTRACTS (FDD page 78)

If entering into an Area Development Agreement for a Buona franchise, does the Franchise Acknowledgement Questionnaire ask if the Area Development Agreement and its exhibits have been received?

Answer from 2025 FDD Document

What This Means (2025 FDD)

l.	Yes	No	Have you received the completed Franchise Agreement and each exhibit attached to it?
2.	Yes	No	Have you received the Franchise Disclosure Document we provided?
3.	Yes	No	If you are purchasing a Buona/Rainbow Cone Dual Brand franchise, did you also receive the Five Flavors Franchising, LLC Franchise Disclosure Document?
4.	Yes	No	Did you sign a receipt for the Franchise Disclosure Document (or both of them) indicating the date you received it?
5.	Yes	No	Did the receipt for the Franchise Disclosure Document identify the franchise sellers with which you have had discussions about the franchise opportunity?
6.	Yes	No	If you are entering into an Area Development Agreement, have you received the completed Area Development Agreement and each exhibit?
7.	Yes	No	Have you spoken with existing Buona franchisees about the Buona Business?
8.	Yes	No	Have you conducted an independent investigation of a Buona Business?
9.	Yes	No	Do you understand all disputes or claims you may have arising out of or relating to the Franchise Agreement must be arbitrated in Illinois, if not resolved informally or by mediation?
10.	Yes	No	Do you understand that you must satisfactorily complete the initial training course before we will allow your franchised business to open or consent to a transfer?