Does this section of the Cilantro Taco Grill FDD provide a complete overview of the franchise relationship?

According to the 2024 Cilantro Taco Grill FDD, Item 17 provides a summary of important provisions within the franchise and related agreements. Specifically, it highlights key aspects of the Multi-Unit Operator Agreement. However, the FDD explicitly states that the table is not a comprehensive overview and that prospective franchisees should read the provisions in the agreements attached to the disclosure document.

This means that while the table in Item 17 offers a glimpse into the franchise relationship, it does not provide the full picture. Franchisees must consult the actual franchise agreements for complete details. The FDD includes a summary of the choice of law, stating that Illinois law applies, subject to applicable state law, according to Section 10.5 of the Multi-Unit Operator Agreement.

It is common practice for FDDs to summarize key terms but to also direct franchisees to the full legal agreements. This ensures transparency while also emphasizing the importance of carefully reviewing the entire contract. For a prospective Cilantro Taco Grill franchisee, this means carefully reading the full Multi-Unit Operator Agreement to fully understand their rights and obligations.