To what address should I mail or deliver my cancellation notice for the Burneys Sweets More transaction?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
) |
You may cancel this transaction, without penalty or obligation, within five business days from the above date. If you cancel, any payments made by you under the agreement, and any negotiable instrument executed by you will be returned within ten business days following the seller's receipt of your cancellation notice, and any security interest arising out of the transaction will be cancelled. If you cancel, you must make available to the seller at your business address all goods delivered to you under this agreement; or you may if you wish, comply with the instructions of the seller regarding the return shipment of the goods at the seller's expense and risk. If you do make the goods available to the seller and the seller does not pick them up within twenty days of the date of your notice of cancellation, you may retain or dispose of them without further obligation. If you fail to make the goods available to the seller, or if you agree to return them to the seller and fail to do so, then you remain liable for the performance of all obligations under this agreement. To cancel this transaction, mail or deliver a signed and dated copy of this cancellation notice or any other written notice, or send a telegram, to DMG BURNEY INC., 1107-C West Broad St. (P.O. Box 1450), Elizabethtown, North Carolina 28337 910-874-0874 not later than midnight of ___________________.
| I hereby cancel this transaction.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More Franchise Disclosure Document, to cancel the transaction, you must mail or deliver a signed and dated copy of the cancellation notice, any other written notice, or send a telegram to the specified address. The address is DMG BURNEY INC., 1107-C West Broad St. (P.O. Box 1450), Elizabethtown, North Carolina 28337. The phone number is 910-874-0874. The cancellation notice must be sent not later than midnight of the specified date.
This means that a prospective Burneys Sweets More franchisee has a limited window of five business days to cancel the franchise agreement after signing, without incurring penalties or obligations. To effectively cancel, the franchisee must provide written notice, either by mail, delivery, or telegram, to the exact address provided in the FDD. It is crucial to adhere to the specified deadline, as the cancellation must be sent before midnight of the fifth business day.
Following the proper cancellation procedure ensures that any payments made under the agreement and any negotiable instruments executed by the franchisee will be returned within ten business days of the seller's receipt of the cancellation notice. Additionally, any security interest arising from the transaction will be canceled. The franchisee must also make available to the seller, at the franchisee's business address, all goods delivered under the agreement, or comply with the seller's instructions regarding the return shipment of the goods at the seller's expense and risk.
If the franchisee makes the goods available, and the seller does not pick them up within twenty days of the cancellation notice, the franchisee may retain or dispose of them without further obligation. However, failure to make the goods available or to return them as agreed will result in the franchisee remaining liable for all obligations under the agreement. Therefore, strict compliance with the cancellation terms is essential to avoid any further financial or contractual responsibilities.