What is the purpose of providing a receipt for the Carbones Pizzeria disclosure document?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
This disclosure document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If M & T Pizza Incorporated offers you a franchise, it must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
If M & T Pizza Incorporated does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580, and the appropriate state agency identified on Exhibit A.
The franchisor is M & T Pizza Incorporated, 680 East Seventh Street, St. Paul, Minnesota 55106, Its telephone number is (651) 771-5553.
The name, principal business address and telephone number of each franchise seller offering the franchise is: ISSUANCE DATE: May 7, 2025
M & T Pizza Incorporated authorizes the respective parties identified on Exhibit A to receive service of process for us in the particular state.
I have received a disclosure document with an Issuance Date of May 7, 2025 that included the following Exhibits:
EXHIBIT A: STATE AGENCIES
EXHIBIT B: FRANCHISE AGREEMENT
EXHIBIT C: OPERATIONS MANUAL TABLE OF CONTENTS
EXHIBIT D: FINANCIAL STATEMENTS EXHIBIT E: LIST OF FRANCHISEES
EXHIBIT F: LIST OF FORMER FRANCHISEES
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, the purpose of the receipt is to confirm that the prospective franchisee received the FDD. M & T Pizza Incorporated must provide the disclosure document to the prospective franchisee at least 14 calendar days before they sign a binding agreement or make a payment to the franchisor or an affiliate. The receipt serves as proof that Carbones Pizzeria provided the FDD within the mandated timeframe. The franchisee must then return a copy of the receipt to M & T Pizza Incorporated. The franchisee should keep the second copy for their own records. The issuance date for the disclosure document is May 7, 2025.
The receipt also serves to inform the prospective franchisee of their rights and recourses if they do not receive the disclosure document on time, or if the document contains false, misleading, or omits material information. In such cases, the franchisee can report these issues to the Federal Trade Commission and the appropriate state agency, as listed in Exhibit A of the FDD.
By signing and returning the receipt, the prospective Carbones Pizzeria franchisee acknowledges they have received the FDD and all listed exhibits, including Exhibit A (State Agencies), Exhibit B (Franchise Agreement), Exhibit C (Operations Manual Table of Contents), Exhibit D (Financial Statements), Exhibit E (List of Franchisees), and Exhibit F (List of Former Franchisees). This process ensures transparency and protects both the franchisor and franchisee by documenting the exchange of critical information.