In the Cinnaholic General Release, what is the legal structure of Cinnaholic Franchising, LLC?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Each of the undersigned hereby acknowledges having read, understood, and executed this Addendum on | |||
|---|---|---|---|
| , 20 | |||
| FRANCHISOR: | DEVELOPER: | ||
| CINNAHOLIC FRANCHISING, LLC | If an Individual: | ||
| By: Print Name: Title: | Signature: Print Name: If other than an Individual: | ||
| By: Name: Title: | Schedule 1 General Release |
(See Attached)
GENERAL RELEASE
| This General Release is made effective this day of, 20 In consideration for the grant by Cinnaholic Franchising, LLC, a Georgia limited liability company ("CINNAHOLIC"), to the undersigned of certain rights in connection with transfer or renewal thereof, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned, individually and collectively, hereby unconditionally release, discharge, and acquit CINNAHOLIC, its past and present subsidiaries and affiliates, and its and their shareholders, owners, directors, officers, managers, members, partners, employees, agents, representatives, successors and assigns, from any and all liabilities, damages, claims, demands, costs, expenses, debts, indemnities, suits, disputes, controversies, actions and causes of action of any kind whatsoever, whether known or unknown, fixed or contingent, regarding or arising out of any prior or existing franchise relationship, development agreement, franchise agreement or any other agreement executed by any of the any CINNAHOLIC Bakery (whether currently or of them), or any other prior or existing business relationship between any of the undersigned and CINNAHOLIC (or any subsidiary or affiliate individually or collectively has asserted, may have (or any of the specifically, without limitation, claims arising from contract, written or oral communications, alleged misrepresentations, and acts of negligence, whether active or passive. This General Release shall survive the assignment or termination of any of the franchise agreements or other documents entered into by and between CINNAHOLIC and any of the undersigned. This General Release is not intended as a waiver of those rights of the undersigned which cannot be waived under applicable state franchise laws nor is it intended to relieve CINNAHOLIC or any other person, Maryland Franchise Registration and Disclosure Law. This General Release shall be governed by and construed in accordance with the laws of the State of Georgia without regard to its conflicts of law provisions. WITNESS: |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 42–50)
What This Means (2025 FDD)
According to the 2025 Cinnaholic Franchise Disclosure Document, Cinnaholic Franchising, LLC is a Georgia limited liability company. This is stated within the context of a general release agreement, where franchisees may be asked to release Cinnaholic from certain liabilities in exchange for benefits like franchise renewal or transfer rights.
For a prospective Cinnaholic franchisee, understanding the legal structure of the franchisor is important for several reasons. It clarifies the type of entity they are dealing with, which can have implications for liability and legal recourse. Knowing that Cinnaholic Franchising, LLC is a limited liability company means that the personal assets of its owners are generally protected from business debts and lawsuits, which is a common structure for franchisors.
The general release referenced in the FDD is a standard legal document used in franchising. It is important for franchisees to carefully review such documents with legal counsel to fully understand their rights and obligations before signing. The release specifies that it is governed by the laws of Georgia, which is where Cinnaholic Franchising, LLC is based, and it covers a broad range of potential claims arising from the franchise relationship.