factual

Under what exhibit letter can I find the Disclosure Acknowledgement Questionnaire for Cool Binz?

Cool_Binz Franchise · 2025 FDD

Answer from 2025 FDD Document

I have received a Franchise Disclosure Document dated March 28, 2025that included the following Exhibits:

H – Disclosure Acknowledgement Questionnaire

Source: Item 22 — CONTRACTS (FDD pages 62–63)

What This Means (2025 FDD)

According to Cool Binz's 2025 Franchise Disclosure Document, the Disclosure Acknowledgement Questionnaire can be found under Exhibit H. This questionnaire is designed to ensure that prospective franchisees have carefully considered key aspects of the franchise offering before entering into an agreement. However, the document explicitly states that prospective franchisees who reside in, or intend to operate the franchised business in the states of California, Maryland, and Washington, should not complete the questionnaire or respond to any of the questions contained within it.

The questionnaire itself includes a series of yes/no questions designed to confirm the prospective franchisee's understanding and acknowledgement of critical elements related to the Cool Binz franchise. These questions cover topics such as receipt of the Franchise Disclosure Document (FDD) and its exhibits, confirmation of signing a receipt for the FDD, discussions with professional advisors like attorneys or accountants, and an understanding that the success or failure of the franchise depends on various factors including the franchisee's skills, competition, and economic conditions.

Additionally, the questionnaire addresses whether any Cool Binz employee or representative has made statements or promises regarding potential earnings, revenue, or costs that contradict the information provided in the Franchise Disclosure Document. This is a crucial aspect of the questionnaire, as it aims to identify any potential misrepresentations or unrealistic expectations set by the franchisor during the sales process. By completing this questionnaire, prospective franchisees are affirming that they have not received any information that deviates from the official disclosures in the FDD, helping to protect both the franchisee and the franchisor from future disputes based on misunderstandings or unfulfilled promises.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.