What is the purpose of the receipt included in the C12 Group's disclosure document?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
You should return one copy of the signed receipt either by signing, dating, and mailing it to The C12 Group, LLC, 777 E. Sontera Blvd., Suite 305, San Antonio, TX 78258 or by signing electronically the document sent to you from The C12 Group, LLC. Franchisor's copy (Please return)
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, the receipt serves as an acknowledgment that the prospective franchisee received the FDD. C12 Group requires franchisees to return a copy of the signed receipt, either by mailing it to their office in San Antonio, TX, or by electronically signing the document.
This receipt confirms that C12 Group provided the disclosure document, which summarizes the franchise agreement and other pertinent information, in plain English. The document emphasizes the importance of carefully reading the FDD and all related agreements.
Furthermore, the FDD states that C12 Group must provide the disclosure document to a potential franchisee at least 14 calendar days before they sign a binding agreement or make any payment related to the franchise. Certain states, like New York, Rhode Island, and Michigan, have specific requirements regarding the timing of providing the disclosure document, which are either ten business days before signing or at the first personal meeting, whichever is earlier.