In the standard receipt form provided by Mrcool, who is required to sign the document?

Based on the 2025 Mrcool Franchise Disclosure Document, the receipt form requires both the franchisor representative and the prospective franchisee to sign, acknowledging that the franchisee has received the FDD. This receipt serves as proof that Mrcool provided the document within the legally mandated timeframe, allowing the franchisee sufficient time to review the opportunity before making any commitments.

The inclusion of both signatures is a standard practice in franchising to ensure transparency and compliance with federal and state regulations. By signing the receipt, the franchisee confirms they received the FDD, while the franchisor representative verifies its timely delivery. This process helps protect both parties and reduces the risk of future disputes regarding disclosure.

Prospective Mrcool franchisees should carefully review the FDD upon receipt and retain a copy of the signed receipt for their records. If there are any discrepancies or concerns regarding the disclosure process, it's important to address them with Mrcool or seek legal counsel before proceeding with the franchise investment.