What is the Cinnaholic franchisee confirming about their understanding of the disclosure document by completing the 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 serves to confirm the prospective franchisee's understanding of various aspects of the franchise agreement and the information provided in the disclosure document. By completing this questionnaire, the franchisee acknowledges that they have not relied on any unauthorized statements or promises made by Cinnaholic or its representatives that are not included in the official documents. This step ensures that the franchisee is entering the agreement with a clear understanding of the terms and conditions. The questionnaire also confirms that the franchisee has been properly represented in the transaction.
Specifically, the questionnaire aims to verify that the franchisee understands the limitations on claims they can make regarding the purchase and operation of the Cinnaholic franchise. This includes confirming that any statements or promises made to them were authorized by Cinnaholic and are truthful, accurate, and not misleading. The franchisee must answer the questionnaire honestly, and if they answer "No" to any question, they must provide an explanation.
It is important to note that the franchisee cannot sign or date the questionnaire on the same day they receive the Franchise Disclosure Document. However, they must sign and date it on the same day they sign the Development Agreement and/or Franchise Agreement and pay their development and/or franchise fee. This timing ensures that the franchisee has had sufficient time to review the disclosure document before committing to the franchise. The questionnaire is designed to protect both Cinnaholic and the franchisee by ensuring transparency and a mutual understanding of the franchise terms.