What information must be included when acknowledging receipt of the Crave Cookies disclosure document?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Crave Cookies Franchising, LLC offers you a franchise, it must provide this disclosure document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. New York requires that you be given this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of any franchise or other agreement, or payment of any consideration that relates to the franchise relationship.
If Crave Cookies Franchising, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and any applicable state agency (which are listed in Exhibit A).
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
Based on the 2025 Crave Cookies Franchise Disclosure Document, Item 23 discusses receipts but does not specify the exact information that must be included when acknowledging receipt of the disclosure document. The document does state that if Crave Cookies offers a franchise, it must provide the disclosure document to the prospective franchisee 14 calendar days before signing a binding agreement or making a payment. New York has a slightly different requirement, mandating the document be provided at the earlier of the first personal meeting or 10 business days before any agreement or payment.
The FDD emphasizes the importance of carefully reading the disclosure document and all related agreements. It also notes that failure to deliver the document on time, or if it contains false or misleading statements, or material omissions, may constitute a violation of federal and state laws. Such violations should be reported to the Federal Trade Commission and any applicable state agency.
While the FDD excerpts do not provide a specific list of items to include when acknowledging receipt, it is common practice in franchising to include the date of receipt, the recipient's name, and a confirmation that the document was received. A prospective franchisee should ask Crave Cookies for clarification on their specific requirements for acknowledging receipt to ensure full compliance and avoid any potential issues.