What specific information should the C12 Group franchisee provide when signing the receipt?
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, after receiving the disclosure document, the franchisee must sign and date the receipt. The franchisee then returns a copy of the signed receipt to C12 Group either by mailing it to their office in San Antonio, TX, or by electronically signing the document that C12 Group sends.
This receipt serves as confirmation that the franchisee received the FDD, which is a critical step in the franchise sales process. Federal and state laws mandate that franchisors provide prospective franchisees with the FDD within a specific timeframe before any binding agreements are signed or payments are made. This allows potential franchisees to thoroughly review the opportunity and make informed decisions.
By signing the receipt, the franchisee acknowledges they have received the document and are aware of its contents, which include the franchise agreement, financial statements, and other important exhibits. Returning the signed receipt to C12 Group documents their compliance with franchise disclosure regulations.