For Cicis, what information is required for the Developer if different from the franchisee?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| DEVELOPER (IF DIFFERENT THAN | |
|---|---|
| FRANCHISEE) | |
| Name: | |
| Sign: | GUARANTOR(S) |
| Name: | |
| Sign: | |
| Address: |
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, if the developer is different from the franchisee, the following information is required: the developer's name, signature, and address. Additionally, the guarantor's name and signature are required.
This information is crucial for Cicis to properly identify and communicate with the developer, especially when the developer is a separate entity from the franchisee. This ensures that Cicis can maintain clear lines of communication and accountability for fulfilling the development agreement.
Prospective franchisees should ensure they understand the implications of having a separate developer and the information required to be submitted to Cicis. This includes understanding the roles and responsibilities of each party involved and how they align with the franchise agreement.