What is the Cinnaholic franchisee acknowledging when signing the 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.
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 is used to verify certain aspects of the franchise sale. Cinnaholic uses the questionnaire to determine if any unauthorized statements or promises were made to the franchisee, to ensure proper representation in the transaction, and to confirm the franchisee understands the limitations on potential claims related to the franchise.
Specifically, the franchisee acknowledges that Cinnaholic is seeking to confirm that no untrue, inaccurate, or misleading statements were made during the franchise sales process. The questionnaire aims to protect both the franchisee and Cinnaholic by ensuring transparency and understanding of the terms and conditions of the franchise agreement.
It is important to note that the franchisee cannot sign the Questionnaire on the same day as the Receipt for the Franchise Disclosure Document, but must sign and date it the same day they sign the Development Agreement and/or Franchise Agreement and pay their development and/or franchise fee. This timing is designed to ensure the franchisee has had sufficient time to review the FDD before attesting to the accuracy of the information they received.