What year is indicated for the signing of the Fat Shack Franchise Disclosure Document receipt?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Acknowledgment of Termination and Release Agreement ("Agreement") is entered into this day of, 202, between FAT SHACK INC., a Delaware corporation ("Franchisor") and ("Franchisee"). The Franchisee and the Franchisor will collectively be | |------------------------------------------------------------------------------------------------------------------------------------
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
According to the 2025 Fat Shack Franchise Disclosure Document, there is no specific year pre-printed on the receipt itself for the franchisee to sign. However, one section of the FDD discusses an Acknowledgment of Termination and Release Agreement that is entered into this day of, 202,. This indicates that the franchisee would fill in the specific date, including the year, at the time of signing the receipt.
Prospective Fat Shack franchisees should be aware that they will need to manually enter the year when signing the receipt, ensuring accuracy and completeness of the document. This receipt serves as an acknowledgment that the franchisee has received and reviewed the FDD, and it is a crucial step in the franchise agreement process.
It is standard practice in franchising to have a receipt or acknowledgment form that confirms the franchisee's receipt of the FDD within the mandated timeframe. The franchisee should carefully review all dates and information on the receipt before signing to ensure compliance with federal and state regulations.