What action is required of the recipient after receiving the Burros Fries Franchise Disclosure Document?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
| Issuance | Date: November 15, 2024. | ||
|---|---|---|---|
| I received a Burros & Fries Franchise, Inc. Disclosure Document | , 2024, that | ||
| dated | |||
| included the following Exhibits: | |||
| A | Franchise Agreement with attached Schedules | ||
| B | List of State Agencies and Regulators | ||
| C | State Addenda | ||
| D | Operations Manual Table of Contents | ||
| E | |||
| List of | |||
| Franchisees | |||
| F | Franchisees Who Have Left the System | ||
| G | Financial Statements | ||
| Receipt | |||
| Date | Recipient/Franchise Applicant | ||
| RETURN THIS SIGNED FORM TO THE FRANCHISOR. Mail to: Burros & Fries Franchise, Inc., 4534 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, after receiving the FDD, the recipient must sign and return a copy of the Acknowledgment of Receipt to Burros Fries Franchise, Inc. This signed form should be mailed to Burros & Fries Franchise, Inc. at 4534 Bonita Rd., Bonita, CA 91902, or emailed to fer@burrosandfries.com.
The Acknowledgment of Receipt confirms that the prospective franchisee received the FDD and its included exhibits. These exhibits include the Franchise Agreement with attached Schedules, a List of State Agencies and Regulators, State Addenda, the Operations Manual Table of Contents, a List of Franchisees, a list of Franchisees Who Have Left the System, and Financial Statements.
This receipt serves as proof that Burros Fries provided the FDD to the potential franchisee, which is a legal requirement. Franchisees should ensure they carefully review all documents before signing the receipt. Keeping a personal copy of the receipt is also advisable for the franchisee's records.