factual

What is the prospective franchisee required to indicate on the Carbones Pizzeria disclosure document receipt?

Carbones_Pizzeria Franchise · 2025 FDD

Answer 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. The second copy of this 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, a prospective franchisee must indicate the date on which they received the disclosure document. They must then 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. A second copy of the receipt is for the franchisee's records. The issuance date for the disclosure document is May 7, 2025.

This receipt serves as an acknowledgment that the franchisee received the FDD, which is a critical step in the franchise sales process. Federal and state laws mandate that franchisors provide this document to potential franchisees at least 14 calendar days before any binding agreement is signed or any payment is made. This waiting period allows the franchisee to thoroughly review the document and seek professional advice.

By signing the receipt, the franchisee confirms they have received the required information, including exhibits such as state agencies, the franchise agreement, operations manual table of contents, financial statements, and lists of current and former franchisees. This process ensures transparency and helps protect both the franchisor and franchisee by documenting that the necessary disclosures were made in a timely manner. Returning the receipt to Carbones Pizzeria confirms that the franchisee is aware of the terms and conditions of the franchise opportunity.

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.