What is the role of 'CINNAHOLIC FRANCHISING, LLC' in the Development Agreement?
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.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, CINNAHOLIC FRANCHISING, LLC, is a party to the Development Agreement. Specifically, the Franchisee Disclosure Questionnaire included as Exhibit I indicates that Cinnaholic Franchising, LLC, referred to as "we", "us" or "our", and the franchisee are preparing to enter into a Development Agreement and Franchise Agreement for operating a Cinnaholic franchise. The questionnaire aims to ensure that all statements and promises are authorized and accurate.
This questionnaire must be signed and dated by the franchisee on the same day they sign the Development Agreement and/or Franchise Agreement and pay their development and/or franchise fee. However, it cannot be signed on the same day as the Receipt for the Franchise Disclosure Document. This process ensures that the franchisee has had adequate time to review the FDD before committing to the agreement.
Furthermore, Cinnaholic Franchising, LLC's role extends to providing the Franchise Disclosure Document (FDD) to prospective franchisees. The FDD summarizes the provisions of the development agreement, the franchise agreement, and other relevant information. Cinnaholic must provide this document at least 14 calendar days before the franchisee signs a binding agreement or makes any payment. Some state laws, like New York's, require the FDD to be provided even earlier, at the first personal meeting or at least 10 business days before signing or payment.