Where can I find a copy of the guaranty of GoTo Systems for Cinnabon?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit A to this Disclosure Document are the audited financial statements of GoTo Systems, our parent company, which include the consolidated balance sheets as of December 29, 2024 and December 31, 2023 and the related consolidated statements of operations, changes in member's equity, and cash flows for the fiscal years ended December 29, 2024, December 31, 2023, and December 25, 2022. GoTo Systems guarantees the performance of our obligations under the Franchise Agreement. A copy of the guaranty of GoTo Systems is attached as Exhibit A.
Source: Item 21 — Financial Statements (FDD page 113)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, the guaranty of GoTo Systems, which ensures Cinnabon fulfills its obligations under the Franchise Agreement, is included as Exhibit A to the Disclosure Document. Item 21 of the FDD states that the audited financial statements of GoTo Systems, Cinnabon's parent company, are attached as Exhibit A. GoTo Systems guarantees Cinnabon's performance of its obligations under the Franchise Agreement.
This means that prospective Cinnabon franchisees can review the specific terms and conditions of the guaranty within Exhibit A of the FDD. This document outlines the extent to which GoTo Systems is liable for Cinnabon's commitments to its franchisees.
It is important for potential franchisees to carefully examine this guaranty to understand the level of financial security and assurance it provides. Understanding the guarantor's obligations can help franchisees assess the risks associated with investing in a Cinnabon franchise.