factual

If the information in Exhibit D changes, how soon must the Cinnaholic franchisor be notified?

Cinnaholic Franchise · 2025 FDD

Answer from 2025 FDD Document

The undersigned certifies that all information contained in this Exhibit D is accurate and complete, and agrees to notify Franchisor promptly (and in any case within 15 days) upon any change in the information required to be disclosed in this Exhibit D.

Source: Item 23 — RECEIPT (FDD pages 62–269)

What This Means (2025 FDD)

According to Cinnaholic's 2025 Franchise Disclosure Document, if there are any changes to the information required to be disclosed in Exhibit D, the franchisee must notify Cinnaholic promptly, and in any case, within 15 days of the change. Exhibit D pertains to the legal organization of the developer, the names and addresses of those owning 10% or greater interest in the developer, and the percentage of such interest owned.

This requirement ensures that Cinnaholic maintains current and accurate records regarding the ownership and structure of its franchisees' businesses. This is important for legal and administrative purposes, as well as for maintaining clear lines of communication and responsibility within the franchise network.

For a prospective Cinnaholic franchisee, this means being diligent about reporting any changes in ownership or organizational structure to Cinnaholic within the specified timeframe. Failure to do so could potentially lead to breaches of the franchise agreement. Franchisees should establish internal procedures to track and report such changes promptly to remain in compliance with the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.