What is the issuance date of the Golden Krust Caribbean Restaurant disclosure document?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
The franchisor is Golden Krust Franchising, Inc. located at 399 Knollwood Road, Suite 117, White Plains, NY 10603 or 914-228-5965.
Issuance Date: March 15, 2024
Source: Item 23 — RECEIPT (FDD pages 35–153)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, the issuance date for the Golden Krust Caribbean Restaurant franchise disclosure document is March 15, 2024. This date is important because it signifies when the franchisor, Golden Krust Franchising, Inc., finalized the document containing critical information for prospective franchisees.
This issuance date is relevant to the franchisee because Golden Krust Caribbean Restaurant must provide the disclosure document to a prospective franchisee at least 14 calendar days before they sign a binding agreement or make any payment. Certain states like New York, Iowa, and Michigan have specific timelines that may require earlier disclosure. Therefore, the March 15, 2024, issuance date ensures that the disclosure document is current and compliant with these regulations.
Receipt of this document starts a mandatory review period, allowing potential franchisees to carefully examine the details of the franchise opportunity, seek professional advice, and make informed decisions. The FDD includes exhibits such as financial statements, the franchise agreement, and lists of current and former franchisees, all of which are essential for due diligence. The franchisee acknowledges receipt of the FDD, including all listed exhibits, by signing and returning a copy of the receipt to Golden Krust Caribbean Restaurant.