What fees are mentioned as being paid on the same day as signing the Cinnaholic Franchisee Disclosure Questionnaire?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Cinnaholic Franchising, LLC ("we", "us" or "our") and you are preparing to enter into a Development Agreement and Franchise Agreement for the operation of a CINNAHOLIC® franchise. The purpose of this Questionnaire is to determine whether any statements or promises were made to you that we have not authorized or that may be untrue, inaccurate or misleading, to be certain that you have been properly represented in this transaction, and to be certain that you understand the limitations on claims you may make by reason of the purchase and operation of your franchise. You cannot sign or date this Questionnaire the same day as the Receipt for the Franchise Disclosure Document but you must sign and date it the same day you sign the Development Agreement and/or Franchise Agreement and pay your development and/or franchise fee. Please review each of the following questions carefully and provide honest responses to each question. If you answer "No" to any of the questions below, please explain your answer on the back of this sheet.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire cannot be signed on the same day as the Receipt for the Franchise Disclosure Document. However, it must be signed and dated the same day as the Development Agreement and/or Franchise Agreement.
The fees that Cinnaholic franchisees must pay on the same day as signing the Franchisee Disclosure Questionnaire are the development and/or franchise fee. These fees are associated with entering into the Development Agreement and/or Franchise Agreement.
This requirement ensures that the franchisee is committed to the franchise and has carefully considered the terms of the agreements before making any payments. It also aligns the payment of fees with the formalization of the franchise relationship through the signing of the relevant agreements.