To whom must a Carbones Pizzeria franchisee immediately notify of any changes in the Statement of Ownership and Management?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, a franchisee must immediately notify the Franchisor, M & T Pizza Incorporated, of any changes to the information contained in the Statement of Ownership and Management. Furthermore, upon the Franchisor's request, the franchisee must complete an updated or new Statement of Ownership and Management and Guaranty, which must be executed by all owners of the franchisee.

This requirement ensures that Carbones Pizzeria maintains accurate and up-to-date records of the ownership and management structure of each franchise location. This is a standard practice in franchising, as the franchisor needs to know who is responsible for the operation and management of each franchise.

For a prospective Carbones Pizzeria franchisee, this means that any changes in ownership or management must be promptly reported to the franchisor. Failure to do so could potentially result in a breach of the franchise agreement. Additionally, the franchisee should be prepared to provide updated documentation, including a new Statement of Ownership and Management and Guaranty, whenever requested by Carbones Pizzeria.