In the Cinnaholic Addendum, what information must the franchisee provide if they are signing as an entity other than an individual?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
Each of the undersigned hereby acknowledges having read, understood, and executed this Addendum on CINNAHOLIC FRANCHISING, LLC If an Individual: Print Name: Print Name: If other than an Individual: By: Name: Title:
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the addendum includes a signature section for franchisees. If the franchisee is an individual, they must print their name in the designated spaces. However, if the franchisee is an entity other than an individual, the addendum requires them to provide the name of the entity, the signature of an authorized representative (indicated by "By:"), and the title of that representative. This ensures that Cinnaholic knows who is authorized to sign on behalf of the entity and that the entity is properly identified in the agreement.
This requirement is a standard practice in franchising and business contracts. It ensures that the agreement is legally binding and that there is a clear understanding of who the parties to the agreement are. For a prospective Cinnaholic franchisee, this means that if they plan to operate the franchise through a corporation, LLC, or other business entity, they must ensure that the person signing the agreement has the authority to do so on behalf of the entity and that all required information is accurately provided.
It is important for prospective franchisees to consult with legal and financial advisors to determine the best business structure for their franchise and to ensure that all legal requirements are met when signing the franchise agreement and related documents. Failing to properly identify the signing entity could lead to legal complications down the road.