According to the Carvel FDD, what exhibits are included in the Disclosure Document?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
This Disclosure Document included the following exhibits: A – Financial Statements; B – Franchise Agreement and Related Agreements; C – Other Agreements; D – Information on Franchisees; E- Information on Former Franchisees; F – State Administrators; G- Agents for Service of Process; H – State Addenda to Disclosure Document; and I – Franchisee Disclosure Acknowledgement.
Source: Item 23 — Receipts (FDD pages 100–353)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, the document includes several exhibits that provide additional information and context for prospective franchisees. These exhibits cover a range of topics, from financial statements to agreements and legal information.
Specifically, Exhibit A contains the financial statements of Carvel. Exhibit B includes the Franchise Agreement and any related agreements that a franchisee would need to review. Exhibit C contains other agreements that may be relevant to the franchise. Exhibits D and E provide information on current and former Carvel franchisees, respectively, which can offer insights into the experiences of others in the system.
Furthermore, Exhibit F lists the State Administrators, which are the regulatory bodies overseeing franchising in each state. Exhibit G identifies the Agents for Service of Process, who are authorized to accept legal notices on behalf of Carvel in certain states. Exhibit H includes any State Addenda to the Disclosure Document, which are state-specific modifications or additions to the standard franchise terms. Finally, Exhibit I contains the Franchisee Disclosure Acknowledgement, which confirms that the franchisee has received and reviewed the Disclosure Document.