What is the relationship between the Guarantor and the Developer in the Cinnaholic agreement?

Based on the 2025 Cinnaholic Franchise Disclosure Document, the provided excerpts do not explicitly detail the relationship between the Guarantor and the Developer in the Cinnaholic agreement. The document mentions Guarantors in the context of signatures on agreements with Cinnaholic Franchising, LLC. It also refers to development agreements and fees, particularly in the context of California franchisees, where the collection of initial and development fees may be deferred until pre-opening obligations are met and the unit is open for business. However, the specific roles, responsibilities, or any formal connection between a 'Guarantor' and a 'Developer' are not defined within these excerpts.

To fully understand the relationship between a Guarantor and a Developer in the Cinnaholic franchise system, a prospective franchisee should seek clarification from Cinnaholic. Specifically, it would be important to understand under what circumstances a guarantor is required, what obligations they guarantee, and how this relates to the developer's role and responsibilities. Understanding the liabilities and commitments of each party is crucial before entering into any franchise agreement.

Without further information, it is impossible to determine the exact nature of the relationship between the Guarantor and the Developer. A prospective franchisee should ask Cinnaholic for a detailed explanation of these roles and their respective obligations to fully assess the risks and benefits of investing in a Cinnaholic franchise.