factual

Where will the Cinnaholic Bakery be located, according to the franchise agreement?

Cinnaholic Franchise · 2025 FDD

Answer from 2025 FDD Document

reholders, managers, members, partners, employees and agents; and (ix) Franchisee provides Franchisor with evidence that Franchisee has the right to remain in possession of the Franchised Site or to secure and develop a suitable alternative site acceptable to Franchisee for the renewal term.

3. FRANCHISED SITE AND TERRITORY

  • 3.1. Franchised Site. The rights granted to Franchisee hereunder shall be non-exclusive and shall be restricted to the operation of a single CINNAHOLIC® Bakery to be located at the address and location set forth on Exhibit A attached hereto (the "Franchised Site"). During the term of this Agreement, the Franchised Site shall be used exclusively to operate a Bakery. In connection with the execution of any lease or sublease for the Franchised Site, Franchisee must execute, and cause the lessor and/or sublessor of the Franchised Site to execute, the Collateral Assignment of Lease attached to the Market Development Agreement entered into between Franchisor and Franchisee (the "Development Agreement"), in addition to complying with any other obligations and conditions contained in the Development Agreement relating to the lease or sublease of the Franchised Site and the development and construction of the Bakery. The rights granted to Franchisee are for the specific Franchised Site and cannot be transferred to any other location, except with Franchisor's prior w

Source: Item 22 — CONTRACTS (FDD pages 61–62)

What This Means (2025 FDD)

According to the 2025 Cinnaholic Franchise Disclosure Document, the Cinnaholic Bakery will be located at the address and location specified in Exhibit A of the franchise agreement, referred to as the "Franchised Site." The rights granted to the franchisee are restricted to operating a single Cinnaholic Bakery at this specific location.

The franchise agreement stipulates that the Franchised Site must be used exclusively for operating a Cinnaholic Bakery during the term of the agreement. The franchisee is required to ensure that the lessor or sublessor of the Franchised Site executes the Collateral Assignment of Lease, which is attached to the Market Development Agreement between the franchisor and franchisee. Additionally, the franchisee must comply with all obligations and conditions in the Development Agreement related to the lease or sublease and the development and construction of the bakery.

The rights granted to the franchisee are site-specific and cannot be transferred to another location without prior written approval from Cinnaholic. After signing the lease for the Franchised Site, the franchisee will pay a Project Management Fee, which is currently $1,795. In return, Cinnaholic will assist in developing the bakery site by monitoring construction and build-out progress, identifying potential bottlenecks, and expediting pre-construction activities. This fee and assistance are designed to help the franchisee establish their bakery efficiently at the approved location.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.