What action should a prospective franchisee take with their copy of the Cinnaholic Disclosure Document?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
YOUR COPY- RETAIN FOR YOUR FILES
RECEIPT
This Disclosure Document summarizes provisions of the development agreement, the franchise agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If Cinnaholic Franchising, LLC offers you a franchise, it 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. However, some state franchise laws, including New York, require Cinnaholic Franchising, LLC to provide this Disclosure Document to you at the first personal meeting held to discuss the franchise sale or at least 10 business 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.
If Cinnaholic Franchising, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, a prospective franchisee should retain a copy of the Disclosure Document for their files. The document summarizes the provisions of the development agreement, the franchise agreement, and other relevant information in plain language, so it is important to read it and all related agreements carefully.
Cinnaholic must provide the Disclosure Document to the prospective franchisee at least 14 calendar days before they sign a binding agreement or make any payment to Cinnaholic or its affiliates related to the franchise sale. However, some state franchise laws, such as in New York, require Cinnaholic to provide the Disclosure Document at the first personal meeting to discuss the franchise sale, or at least 10 business days before signing an agreement or making a payment.
If Cinnaholic fails to deliver the Disclosure Document on time, or if the document contains false or misleading statements, or omits material information, it may constitute a violation of federal and state law. In such cases, the franchisee should report this to the Federal Trade Commission in Washington, D.C., and the appropriate state agency, as identified in Exhibit A of the Disclosure Document. This ensures that prospective franchisees are aware of their rights and the steps they can take if they encounter any issues during the franchise purchasing process.