What disclaimer accompanies the Statements of Operations and Accumulated Deficit for the Coffee News franchise?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
ecember 20, 2024 | | Wisconsin: | |
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
ITEM 23
RECEIPT
THIS DISCLOSURE DOCUMENT SUMMARIZES PROVISIONS OF THE FRANCHISE AGREEMENT AND OTHER INFORMATION IN PLAIN LANGUAGE. READ THIS DISCLOSURE DOCUMENT AND ALL AGREEMENTS CAREFULLY.
**IF COFFEE NEWS USA OFFERS YOU A FRANCHISE, COFFEE NEWS USA MUST PROVIDE THIS DISCLOSURE DOCUMENT TO YOU 14 CALENDAR-DAYS BEFORE YOU SIGN A BINDING AGREEMENT WITH, OR MAKE A PAYMENT TO, COFFEE NEWS OR AN AFFILIATE IN CONNECTION WITH THE PR
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, Item 23 includes a receipt that contains a disclaimer. This disclaimer emphasizes the importance of carefully reviewing the disclosure document and all agreements. It is written in plain language to summarize the provisions of the franchise agreement and other relevant information.
The disclaimer also states that Coffee News must provide the disclosure document to a prospective franchisee at least 14 calendar days before they sign any binding agreement or make any payment related to the franchise. This 14-day period allows potential franchisees adequate time to review the document and seek professional advice.
Furthermore, the disclaimer informs prospective franchisees of their rights and recourse if Coffee News fails to deliver the disclosure document on time, or if the document contains false, misleading, or omits material information. In such cases, a violation of federal and state law may have occurred, which should be reported to the Federal Trade Commission in Washington, DC.