Which copy of the receipt included with the Circle K Franchise Disclosure Document should a prospective franchisee retain for their records?

According to Circle K's 2025 Franchise Disclosure Document, two receipt pages are included at the end of the document under the tab marked "Receipts." Franchisees must sign and date both copies. The copy titled "Prospective Franchisee Copy" should be retained for their records. The other copy, titled "TMC Franchise Corporation Copy," must be returned to the TMC Franchise Corporation representative.

This instruction ensures that both the prospective franchisee and Circle K have a record of the franchisee's receipt of the FDD, acknowledging that the franchisee has been provided with the necessary information to make an informed decision. This receipt serves as proof that the franchisee was given the opportunity to review the disclosure document, which contains important details about the franchise opportunity, including fees, obligations, and restrictions.

Franchisors typically require a signed receipt to confirm that prospective franchisees have received and had the chance to review the FDD before signing a franchise agreement. This practice is in place to comply with franchise regulations and to protect both parties in case of future disputes. By keeping the "Prospective Franchisee Copy," the franchisee has documented proof of compliance, which can be valuable for their records and legal protection.