factual

Is there a fee associated with canceling the Canine Dimensions agreement within the cancellation period?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

You may cancel this transaction, without penalty or obligation, within three business days from the above date. If you cancel, any property traded in, any payments made by you under the contract or sale, and any negotiable instrument executed by you will be returned within ten business days following receipt by the seller of your cancellation notice, and any security interest arising out of the transaction will be canceled.

If you cancel, you must make available to the seller at your residence or business address, in substantially as good condition as when received, any goods delivered to you under this contract or sale; 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 not agree to return the goods to the seller or if the seller does not pick them up within twenty days of the date of your notice of cancellation, you may retain or dispose of the goods without any further obligation.

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 Phil Guida at 23208 Sanabria Loop, Bonita Springs, Florida 34135, phone (888) 281-3647 or an e-mail to phil@caninedimensions.com, not later than midnight of the third business day after the Effective Date.

Source: Item 22 — CONTRACTS (FDD page 36)

What This Means (2025 FDD)

According to Canine Dimensions's 2025 Franchise Disclosure Document, a franchisee can cancel the transaction within three business days without incurring any penalty or obligation. If a franchisee cancels the agreement, Canine Dimensions will return any property traded in, payments made under the contract, and any negotiable instrument executed by the franchisee within ten business days of receiving the cancellation notice. Additionally, any security interest arising from the transaction will be canceled.

As part of the cancellation, the franchisee must make available to Canine Dimensions any goods delivered under the contract in substantially the same condition as when received. Alternatively, the franchisee can comply with Canine Dimensions' instructions for returning the goods at Canine Dimensions' expense and risk. If the franchisee does not return the goods, or if Canine Dimensions does not pick them up within twenty days of the cancellation notice, the franchisee may retain or dispose of the goods without further obligation.

To cancel the transaction, the franchisee must mail or deliver a signed and dated copy of the cancellation notice, any other written notice, or send a telegram to Phil Guida at the specified address, phone number, or email address, no later than midnight of the third business day after the effective date. This provision ensures that franchisees have a limited period to reconsider their decision without financial repercussions, which is a standard practice in franchising to protect potential franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.