In the Cinnabon FDD receipt, what information is required regarding the notary public's commission?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
I, personally, and as a duly authorized officer of the prospective franchisee (if the franchisee is an Entity), hereby acknowledge receipt from Cinnabon Franchisor SPV LLC of the Franchise Disclosure Document (to which this Receipt is attached) dated March 28, 2025.
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 114–399)
What This Means (2025 FDD)
The 2025 Cinnabon Franchise Disclosure Document (FDD) receipt does not specify any required information regarding the notary public's commission. The receipt primarily serves as an acknowledgment from the prospective franchisee that they have received the FDD from Cinnabon Franchisor SPV LLC. It confirms the date of the FDD and lists the exhibits included, such as financial statements, franchise agreements, and information on franchisees.
Item 23 includes multiple receipts, addenda, and acknowledgements. The receipts confirm that the franchisee has received the FDD and understands its contents. There are also acknowledgements related to state-specific franchise laws, such as those in California and New York, ensuring compliance with local regulations. These acknowledgements cover various aspects, including the franchisee's understanding of the agreement, their independent investigation of the business, and their reliance on the information provided in the FDD.
While the FDD receipt confirms the franchisee's acknowledgment of receiving the document and its contents, it does not delve into the specifics of notary public commissions. This suggests that any costs associated with notarization, if required, are either the responsibility of the franchisee or are addressed separately in other agreements or disclosures not covered in the provided excerpts.
Prospective Cinnabon franchisees should clarify with Cinnabon Franchisor SPV LLC whether notarization is required for any documents and, if so, who is responsible for covering the notary public's commission. This will help avoid any unexpected expenses during the franchise acquisition process.