What reports or statements must a Cinnabon franchisee submit concurrent with Royalty Fee payments?

According to Cinnabon's 2025 Franchise Disclosure Document, franchisees must submit any reports or statements required under Section 14.3 (Systems and Reports) concurrently with their Royalty Fee payments. This means that in addition to paying the royalty fee, franchisees have an ongoing obligation to provide Cinnabon with specific information and documentation as outlined in the franchise agreement.

The specific details of these required reports and statements are found in Section 14.3, titled "Systems and Reports," which is not included in the provided documentation. It is important for prospective franchisees to carefully review Section 14.3 of the Franchise Agreement to understand the exact nature and frequency of these reporting requirements. This will allow them to accurately budget time and resources for compliance.

Understanding these reporting requirements is crucial for a prospective Cinnabon franchisee. Failure to submit these reports or submitting them late could result in penalties, such as the Late Reporting Fee, which is currently $50 per week for each late report, statement, or return. Therefore, it is essential to clarify these obligations during the due diligence process to ensure full compliance and avoid potential financial repercussions.