Does the Cinnaholic Franchisee Disclosure Questionnaire require acknowledgement of receipt and review of the Franchise Disclosure Document?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT I
FRANCHISEE DISCLOSURE QUESTIONNAIRE [SEE ATTACHED]
FRANCHISEE DISCLOSURE QUESTIONNAIRE
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, Exhibit I is the Franchisee Disclosure Questionnaire. This questionnaire is designed to ensure that prospective franchisees have not received any unauthorized or misleading statements and that they understand the limitations on claims related to their franchise purchase and operation.
The FDD includes a receipt that confirms the franchisee received the FDD. Cinnaholic must provide the Disclosure Document to you 14 calendar days before you sign a binding agreement or make a payment. Some state franchise laws, including New York, require Cinnaholic to provide the FDD at the first personal meeting held to discuss the franchise sale or at least 10 business days before you sign a binding agreement or make a payment.
The Franchisee Disclosure Questionnaire cannot be signed or dated on the same day as the Receipt for the Franchise Disclosure Document. It must be signed and dated on the same day the Development Agreement and/or Franchise Agreement is signed and the development and/or franchise fee is paid. This separation in timing is intended to ensure that franchisees have adequate time to review the FDD before committing to the franchise.