How are references to a number of days interpreted within the Cinnabon franchise agreement?
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.
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- With respect to franchises governed by Minnesota law, we will comply with Minn. Stat. § 80C.14, Subds. 3, 4, and 5, that require, except in certain specified cases, that a franchisee be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal of the Franchise Agreement, and that we not unreasonably withhold consent to the transfer of the franchise.
Any notice under this Agreement must be in writing and is deemed delivered: (i) 1 business day after being sent by commercial courier service for next business day delivery; or (ii) 5 days after being deposited in the United States mail for certified or registered delivery, return receipt requested, postage prepaid.
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to the 2025 Cinnabon Franchise Disclosure Document, references to a number of days primarily pertain to the delivery timeline of the FDD and termination or non-renewal notices, with specific variations depending on the state. Cinnabon must provide the Disclosure Document to prospective franchisees 14 calendar days before they sign a binding agreement or make a payment. However, Iowa requires this document at the earlier of the first personal meeting or 14 calendar days before signing or payment. New York mandates delivery at the earlier of the first personal meeting or ten business days before signing or payment, while Michigan requires ten business days.
For franchises governed by Minnesota law, Cinnabon will comply with statutes requiring a franchisee to be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal, except in certain specified cases.
In terms of notices under the Guaranty Agreement, a notice is considered delivered one business day after being sent by commercial courier for next business day delivery or five days after being deposited in the U.S. mail for certified or registered delivery with prepaid postage. These stipulations ensure that franchisees have adequate time to review the FDD and respond to critical notices, while also adhering to state-specific regulations regarding termination and non-renewal.