In the Cinnaholic franchise agreement, what are the two parties involved?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
The following Addendum modifies and supersedes the Cinnaholic Franchising, LLC Franchise Agreement (the "Agreement") with respect to CINNAHOLIC® franchises offered or sold to either a resident of the State of New York or a non-resident who will be operating a CINNAHOLIC® franchise in the State of New York pursuant to the General Business Law of the State of New York, Article 33, Sections 680 through 695, as follows:
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the franchise agreement is between Cinnaholic Franchising, LLC, and the franchisee. This is a standard arrangement in franchising, where the franchisor grants the franchisee the right to operate a business under the franchisor's brand and system.
The agreement outlines the obligations and responsibilities of both parties. Cinnaholic, as the franchisor, provides the brand, system, and support, while the franchisee operates the Cinnaholic location according to the agreement's terms.
It is important for a prospective Cinnaholic franchisee to carefully review the franchise agreement to understand their rights and obligations, as well as Cinnaholic's rights and obligations. This includes understanding the initial franchise fee, ongoing royalties, and other fees, as well as the term of the agreement and the conditions for renewal or termination.