Before signing a Chicken Guy Restaurant Development Agreement or Franchise Agreement, what document should the franchisor provide to the franchisee?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
FRANCHISEE DISCLOSURE QUESTIONNAIRE TO BE COMPLETED BEFORE SIGNING A CHICKEN GUY! RESTAURANT DEVELOPMENT AGREEMENT OR FRANCHISE AGREEMENT
You are preparing to enter into a Chicken Guy! Restaurant Development Agreement or Franchise Agreement ("Agreement") with Chicken Guy (Franchisor), LLC ("we" "our" or "us"). Please review each of the following questions carefully and provide complete responses to each.
We also require that you fill out our Franchisee Disclosure Questionnaire before signing the Development Agreement and/or the Franchise Agreement (Exhibit N).
RECEIPT
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 Chicken Guy (Franchisor), LLC offers you a franchise, it must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make payment to, Chicken Guy (Franchisor), LLC or its affiliate in connection with the proposed sale or sooner if required by applicable state law. New York requires that Chicken Guy (Franchisor), LLC give you this disclosure document at the earlier of the first personal meeting or ten business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. Iowa requires that Chicken Guy (Franchisor), LLC give you this disclosure document at the earliest of the first personal meeting or 14 calendar days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first. Michigan requires that Chicken Guy (Franchisor), LLC give you this disclosure document at least ten business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If Chicken Guy (Franchisor), LLC 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, D.C. 20580 and the applicable state agency listed in Exhibit A.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Chicken Guy Franchise Disclosure Document, before a prospective franchisee signs a Restaurant Development Agreement or Franchise Agreement, Chicken Guy requires them to complete a Franchisee Disclosure Questionnaire. This questionnaire is identified as Exhibit N in the FDD.
Furthermore, Chicken Guy must provide a disclosure document to the prospective franchisee 14 calendar days before signing a binding agreement or making a payment. However, New York, Iowa, and Michigan have specific timelines. New York requires the disclosure document at the earlier of the first personal meeting or ten business days before signing any agreement or payment. Iowa requires it at the earliest of the first personal meeting or 14 calendar days before signing or payment. Michigan requires it at least ten business days before signing or payment.
This disclosure document summarizes the franchise agreement's provisions and other information in plain language. The FDD also includes a receipt (Exhibit P) to acknowledge the franchisee received the disclosure document. If Chicken Guy does not deliver the disclosure document on time or if it contains false, misleading statements, or material omissions, it should be reported to the Federal Trade Commission and the applicable state agency listed in Exhibit A.