What is the relationship between the guarantor and the Developer in the Cinnaholic Development Agreement?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
Agreed: GUARANTORS: CINNAHOLIC FRANCHISING, LLC (SEAL) Address: Its: Social Security No.: (SEAL) Address: Social Security No.: (SEAL) Address: Social Security No.: (SEAL) Address: Social Security No.:
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
Based on the 2025 Cinnaholic Franchise Disclosure Document, the provided excerpts do not specify the relationship between the guarantor and the developer in the Cinnaholic Development Agreement. The document includes a signature page for guarantors, suggesting their involvement in guaranteeing obligations, and mentions a general release that could involve developers, but it does not detail their specific relationship within the Development Agreement.
To fully understand the relationship, a prospective Cinnaholic franchisee should review the full Development Agreement and related documents. They should also ask Cinnaholic for clarification on the roles and responsibilities of each party.
Specifically, the franchisee should inquire about the guarantor's obligations, the developer's responsibilities, and how these roles interact during the development process. Understanding these relationships is crucial for assessing the risks and responsibilities associated with the Cinnaholic franchise.