What is the significance of the date on the Cinnaholic Franchisee Disclosure Questionnaire?
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. Please review each of the following questions carefully and provide honest responses to each question. If you answer "No" to any of the questions below, please explain your answer on the back of this sheet.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the date on the Franchisee Disclosure Questionnaire is significant because it must not be signed or dated on the same day as the Receipt for the Franchise Disclosure Document. However, it must be signed and dated on the same day the Development Agreement and/or Franchise Agreement is signed and when the development and/or franchise fee is paid.
This requirement ensures that prospective Cinnaholic franchisees have had adequate time to review the Franchise Disclosure Document (FDD) before completing the Franchisee Disclosure Questionnaire. This waiting period is designed to prevent franchisees from feeling rushed or pressured into signing important documents without fully understanding their implications. By mandating a gap between receiving the FDD and signing the questionnaire, Cinnaholic aims to confirm that franchisees have had sufficient opportunity to seek legal and financial advice, conduct due diligence, and carefully consider the terms of the franchise agreement.
Furthermore, the requirement to sign and date the Questionnaire on the same day as signing the Development Agreement and/or Franchise Agreement and paying the associated fees emphasizes the importance of the Questionnaire as a final check. It serves as a confirmation that the franchisee is entering the agreement with a clear understanding of the terms and conditions, and that no unauthorized promises or statements have influenced their decision. This step helps protect both Cinnaholic and the franchisee by ensuring transparency and informed consent in the franchising process.