How can I cancel 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
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, you can cancel the transaction within five business days from the date of the agreement without incurring any penalties or obligations. To cancel, you must mail, deliver a signed and dated copy of the cancellation notice, or send a telegram to DMG BURNEY INC. at 1107-C West Broad St. (P.O. Box 1450), Elizabethtown, North Carolina 28337, or call 910-874-0874. The cancellation must be completed before midnight of the specified date.
If you cancel the Burneys Sweets More transaction, any payments you made under the agreement and any negotiable instruments you executed will be returned within ten business days following the seller's receipt of your cancellation notice. Additionally, any security interest arising from the transaction will be cancelled. You must make available to the seller at your business address all goods delivered to you under the agreement. Alternatively, you can comply with the seller's instructions regarding the return shipment of the goods at the seller's expense and risk.
If you make the goods available to Burneys Sweets More and they do not pick them up within twenty days of your cancellation notice, you may retain or dispose of them without further obligation. However, if you fail to make the goods available or if you agree to return them but fail to do so, you will remain liable for fulfilling all obligations under the agreement. It is important to adhere to these procedures to ensure a proper cancellation and avoid further liabilities.