What is the prospective franchisee required to do with the other copy of the Carbones Pizzeria receipt?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
Please indicate the date on which you received this disclosure document, and then sign and print your name below, indicate the date you sign this receipt, and promptly return one completed copy of the Receipt to M & T Pizza Incorporated, 680 East Seventh Street, St. Paul, Minnesota 55106. This copy of the Receipt is for your records.
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria Franchise Disclosure Document, after receiving the disclosure document, the prospective franchisee must indicate the date on which they received the document, sign and print their name, indicate the date they sign the receipt, and promptly return one completed copy of the receipt to M & T Pizza Incorporated at 680 East Seventh Street, St. Paul, Minnesota 55106. The FDD states that the other copy of the receipt is for the franchisee's records.
This receipt serves as an acknowledgment that the prospective franchisee received the FDD, which contains important information about the Carbones Pizzeria franchise opportunity. Federal regulations mandate that franchisors provide this document at least 14 calendar days before any binding agreement is signed or any payment is made to the franchisor. This gives the prospective franchisee time to thoroughly review the document and seek professional advice.
Returning the signed receipt confirms that Carbones Pizzeria has met its legal obligation to provide the FDD in a timely manner. Failing to return the receipt could potentially create legal complications if the franchisee later claims they did not receive the FDD or did not receive it within the required timeframe. Keeping the other copy of the receipt ensures that the franchisee has proof of having received the FDD and acknowledged their understanding of its contents.