What is the Cinnaholic Franchising, LLC's purpose in using 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. 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 is used by Cinnaholic Franchising, LLC to confirm several key aspects of the franchise transaction. These include verifying that no unauthorized statements or promises were made to the franchisee, ensuring the franchisee was properly represented, and confirming the franchisee understands the limitations on claims related to the franchise purchase and operation.
This questionnaire serves as a protective measure for Cinnaholic, helping to prevent future disputes by ensuring the franchisee acknowledges the terms and conditions of the franchise agreement. It also aims to identify any potential misrepresentations or misunderstandings early in the process. The franchisee must complete the questionnaire on the same day they sign the Development Agreement and/or Franchise Agreement and pay their development and/or franchise fee, but not on the same day as receiving the Franchise Disclosure Document.
It is important for prospective Cinnaholic franchisees to answer the questionnaire honestly and thoroughly. Any 'no' answers require a detailed explanation. This questionnaire is a critical part of the franchising process, designed to protect both the franchisee and Cinnaholic by ensuring transparency and understanding of the franchise agreement.