After receiving the Carbones Pizzeria Franchise Disclosure Document, what action is required of me?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| ck | Equity | |||||
|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 |
| Net income | - | - | - | 198,426 | - | 198,426 |
| Balance, October 31, 2024 | 2,500 | $ 2,500 | $ 266,117 | $ 1,085,816 | $ (34,556) | $ 1,319,877 |
W I T N E S S E T H:
WHEREAS, Franchisor controls or is the owner of certain commercial trade names, trademarks, service marks, domain names and other commercial symbols including associated logos now or hereafter selected, used or promoted by Franchisor and licensed to Franchisee in connection with the Carbone System (as defined below) (collectively, "Names and Marks"); and
WHEREAS, Franchisor has created and developed certain skill and know-how in the sale and preparation of pizza and various other food and beverage items, including the development of unique and valuable recipes and sales procedures, business plans, standards, specifications, methods, processes, techniques, and sourcing, all of which may be changed from time to time by Franchisor (collectively, the "Carbone System") but specifically excluding any employee policies or procedures that Franchisor may make available to Franchisee for its optional use during the term of this Agreement; and
WHEREAS, Franchisee wishes, upon the terms and conditions set forth in this Agreement, to be assisted and trained by Franchisor to engage in the business of operating a restaurant selling pizza and other items under the Names and Marks (the "Franchise"), all in accordance with the Carbone System, it being understood that Franchisee recognizes the importance to Franchisor and to the public of maintaining the distinctive standards, qualities and attributes of a Carbone's Pizza Restaurant, and Franchisee is willing to maintain such standards, qualities and attributes.
NOW, THEREFORE, in consideration of the foregoing recited facts and the mutual agreements and covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is acknowledged by each party, the parties agree as follows:
1. Grant of Franchise.
- a. Franchisor grants Franchisee a Franchise to use the Carbone System to develop and operat
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
Based on the 2025 Carbones Pizzeria Franchise Disclosure Document, there is no mention of a required action after receiving the document. The excerpts provided focus on various aspects of the franchise agreement, such as territory rights, training, fees, and termination procedures.
Specifically, the excerpts cover the franchisee's territory rights, outlining the restrictions on Carbones Pizzeria granting franchises to others within the franchisee's designated area. It also details the initial and ongoing training programs that Carbones Pizzeria provides, along with the associated costs and responsibilities for the franchisee. The franchise agreement also outlines the initial franchise fee of $25,000 and the royalty fees based on gross sales.
Furthermore, the document outlines the procedures upon termination of the franchise agreement, including the franchisee's obligations to cease using the Carbones Pizzeria name and return all materials. It also specifies dispute resolution processes and other legal considerations.
To determine the specific actions required after receiving the Franchise Disclosure Document, a prospective franchisee should consult the full FDD and ask Carbones Pizzeria directly about any required acknowledgments, certifications, or waiting periods.