What exhibits are included in the Disclosure Document for Cornwell Quality Tools?
Cornwell_Quality_Tools Franchise · 2025 FDDAnswer from 2025 FDD Document
closure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580, and state agency listed for your state in Exhibit D of the Franchise Disclosure Document, if applicable.
| The franchise is offered by Cornwell Quality Tools Company, 667 Seville Road, Wadsworth, Ohio 44281, | ||
|---|---|---|
| 330-3 | 36-3506 and Cornwell's district manager (Print District Manager's Name) (Print District Manager's Address and Phone Number) | |
| Issua | nnce date: April 1, 2025 | |
| l have | e received a Disclosure Document dated, 2025, that included the following Exhibits: | |
| A. | FINANCIAL STATEMENTS | |
| B. | DEALER FRANCHISE AGREEMENT | |
| B-1. | ADDENDUM TO DEALER FRANCHISE AGREEMENT (SECOND FRANCHISE, IF APPLICABLE) | |
| B-2. | FRANCHISE DEVELOPER DEALER FRANCHISE AGREEMENT (IF APPLICABLE) | |
| B-3. | SPECIAL REPRESENTATIVE DEALER FRANCHISE AGREEMENT (IF APPLICABLE) | |
| C. | DEALER PURCHASE ORDER, NOTE AND SECURITY AGREEMENT | |
| C-1. | DEALER PURCHASE ORDER, NOTE AND SECURITY AGREEMENT (VETERANS INCENTIVE PROGRAM)(IF APPLICABLE) | |
| C-2. | DEALER PURCHASE ORDER, NOTE AND SECURITY AGREEMENT – FRANCHISE DEVELOPER (IF APPLICABLE) | |
| C-3. | DEALER PURCHASE ORDER, NOTE AND SECURITY AGREEMENT – SPECIAL REPRESENTATIVE (IF APPLICABLE) | |
| D. |
Source: Item 23 — RECEIPT (FDD pages 101–373)
What This Means (2025 FDD)
According to Cornwell Quality Tools' 2025 Franchise Disclosure Document, Exhibit I is a receipt that the franchisee must sign and return. The 2025 FDD also includes several other exhibits. Exhibit A contains the financial statements for Cornwell Quality Tools.
Exhibit B contains the Dealer Franchise Agreement, while Exhibits B-1, B-2, and B-3 include addenda to the Dealer Franchise Agreement for second franchises, Franchise Developer Dealer Franchise Agreements, and Special Representative Dealer Franchise Agreements, respectively, if applicable. Exhibit C contains the Dealer Purchase Order, Note, and Security Agreement. Exhibits C-1, C-2, and C-3 include the Dealer Purchase Order, Note, and Security Agreement for the Veterans Incentive Program, Franchise Developers, and Special Representatives, respectively, if applicable.
The 2025 Cornwell Quality Tools FDD also includes Exhibit D, which is an appendix with state-specific information. Exhibit E contains the Tech-Credit Dealer Credit Assignment Agreement. Exhibit F contains the ACH Agreement Authorization Agreement for Automatic Payment. Finally, Exhibit G contains the DCA Authorization for Dealer Credit.