How many calendar days before executing the Cinnabon agreement must a franchisee receive the FDD?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
If Cinnabon Franchisor SPV LLC offers you a franchise, we must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. Iowa requires that we provide you with this Disclosure Document at the earlier of the first personal meeting or 14 calendar days before you sign a binding agreement with, or make payment to, us or one of our affiliates in connection with the proposed sale. New York requires that we provide you with this Disclosure Document at the earlier of the first personal meeting or ten business days before you sign a binding agreement with, or make payment to, us or one of our affiliates in connection with the proposed sale. Michigan requires that we provide you with this Disclosure Document ten business days before you sign a binding agreement with, or make payment to, us or one of our affiliates in connection with the proposed sale.
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, Cinnabon Franchisor SPV LLC must provide the FDD to a prospective franchisee at least 14 calendar days before they sign a binding agreement or make a payment to Cinnabon or its affiliates related to the franchise sale. This 14-day period allows potential franchisees adequate time to review the document and seek professional advice before committing to the franchise. However, the disclosure period varies in some states. Iowa requires Cinnabon to provide the FDD at the earlier of the first personal meeting or 14 calendar days before signing an agreement or making a payment. New York requires Cinnabon to provide the FDD at the earlier of the first personal meeting or ten business days before signing an agreement or making a payment. Michigan requires Cinnabon to provide the FDD ten business days before signing a binding agreement or making a payment.
This disclosure period is a critical aspect of franchise law, designed to protect franchisees from entering into agreements without sufficient information. The FDD contains essential details about the franchise system, including fees, obligations, and financial performance. By mandating a review period, federal and state regulations aim to ensure that franchisees have the opportunity to make informed decisions.
It is important for prospective Cinnabon franchisees to note the specific requirements for their state of residence or the state in which the franchise will be located, as the disclosure period may differ from the standard 14 calendar days. Franchisees should also be aware that they cannot sign the Acknowledgment for the Franchise Disclosure Document on the same day they receive the FDD, but they must sign and date it the same day they sign the Franchise Agreement and pay their franchise fee. Failure by Cinnabon to deliver the FDD on time, or if the FDD contains false, misleading statements, or material omissions, may constitute a violation of federal and state laws, which should be reported to the Federal Trade Commission and the relevant state agency.