factual

What is the required action for a prospective Carbones Pizzeria franchisee after receiving the disclosure document?

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. 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 must indicate the date on which they received the 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 at 680 East Seventh Street, St. Paul, Minnesota 55106. The franchisee should keep the other copy of the receipt for their records. The disclosure document summarizes certain provisions of the Franchise Agreement and other information in plain language, and the document advises that all agreements should be read carefully.

The FDD states that M & T Pizza Incorporated must provide the disclosure document to a prospective franchisee 14 calendar days before they sign a binding agreement or make a payment to the franchisor or an affiliate in connection with the proposed franchise sale. This 14-day period is mandated by the FTC's Franchise Rule and various state franchise laws, allowing franchisees adequate time to review the document and seek professional advice.

The FDD also indicates that if M & T Pizza Incorporated does not deliver the disclosure document on time, or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred. In such cases, the franchisee should report this to the Federal Trade Commission in Washington, DC 20580, and the appropriate state agency identified on Exhibit A of the FDD. This provision is a standard legal protection for franchisees, ensuring franchisors provide accurate and timely information.

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.