For Crave, what information must be printed on the receipt besides the recipient's signature?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| Date Received: (If other than date signed) | DATE: | |
|---|---|---|
| Print Name: | ||
| Print Address: | ||
| City, State: | ||
| (Signature of recipient) |
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the receipt, in addition to the recipient's signature, must include the date the document was received (if different from the date signed), the date of signing, the recipient's printed name, printed address, and city and state. This information ensures that Crave has a record of who received the Franchise Disclosure Document and when they received it, which is important for legal and compliance reasons.
This requirement is in place to confirm that prospective franchisees receive the FDD within the legally mandated timeframe before signing any agreements or making payments. The inclusion of the recipient's address and city/state provides additional verification of their identity and location, which could be relevant for territorial considerations or legal notifications.
For a prospective Crave franchisee, this means they should carefully review the receipt and ensure all information is accurate before signing. The date of receipt is particularly important, as it starts the clock for the mandatory review period. Keeping a copy of the signed receipt is also advisable for their records.