What should a prospective Carbones Pizzeria franchisee do with the second copy of the 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, a prospective franchisee should 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. The FDD states that the other copy of the receipt is for the franchisee's records.
This procedure confirms that the prospective franchisee has received the FDD and acknowledges their understanding of its contents. Franchise laws require franchisors to provide this document at least 14 calendar days before any binding agreement is signed or any payment is made. This gives the prospective franchisee time to review the document and seek professional advice.
By keeping a copy of the receipt, the prospective Carbones Pizzeria franchisee has proof that they received the FDD, which can be important for their records in case any disputes arise later. Returning the signed receipt to Carbones Pizzeria acknowledges their receipt of the document and starts the clock ticking on the mandatory waiting period before they can commit to the franchise.