What exhibit contains the Casiola Franchise Disclosure Document receipt?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 23: RECEIPTS]
Franchise Disclosure Document Exhibit J – Receipts
Casiola Franchise LLC
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the receipts are located in Exhibit J. Item 23 of the FDD discusses the receipts and directs the franchisee to sign and return one copy of the detachable receipt to Casiola Franchise LLC at their Orlando, Florida address. The franchisee is instructed to keep the duplicate copy for their own records.
It is standard practice for franchisors to include a receipt in the FDD. This receipt serves as an acknowledgment that the prospective franchisee has received the document, which contains important information about the franchise opportunity. This receipt helps Casiola ensure compliance with franchise disclosure laws, which require franchisors to provide the FDD to potential franchisees within a specific timeframe before they sign any agreements or pay any fees.
The Hawaii FDD Amendment supplements Exhibit J, noting that the franchise will be filed under Hawaii's franchise investment law and that filing does not constitute approval or endorsement by the Director of Commerce and Consumer Affairs. It also states that it is unlawful to offer or sell any franchise in Hawaii without first providing the prospective franchisee the disclosure document at least seven days before the execution of any binding agreement or payment of any consideration.