FDD Receipt Generator (Item 23)
Enter the franchisor, issuance date, franchise sellers and exhibits, then download both Item 23 receipt pages as a US Letter PDF or PNG.
EDITOR
Receipt details
Edit your receipt below, then download the same clean layout as PDF or PNG. Enter amounts and totals manually.
What goes on the Item 23 receipt
Item 23 of the FTC Franchise Rule requires two copies of a detachable receipt as the last pages of every Franchise Disclosure Document. The prospective franchisee signs and dates one and returns it, which proves when the FDD was delivered, and keeps the other. Each FDD receipt starts with the bold title Receipt and the three prescribed paragraphs, then names every franchise seller with an address and phone number, the issuance date, and lists all exhibits. This generator fills both copies from one set of entries and keeps the required wording.
How to use this receipt
| Step | Details |
|---|---|
| 1 | Enter the franchisor's short name in the three prescribed paragraphs, and edit or clear the state timing paragraph. |
| 2 | Fill in the franchisor's legal name, address and telephone, and the issuance date. |
| 3 | List each franchise seller with title or company, principal business address and telephone. |
| 4 | Enter the exhibit letters and titles in the order they appear in your FDD. |
| 5 | Add return instructions, download the two pages, and have the prospective franchisee sign and date both. |
FAQs
What is an FDD receipt?
It is the Item 23 acknowledgment at the end of a Franchise Disclosure Document. By signing it, the prospective franchisee confirms receiving the FDD dated on the receipt with the listed exhibits.
Why are there two copies of the receipt?
The rule asks for two copies: one is returned to the franchisor and one stays with the disclosure document. The FTC says franchisors should keep each signed receipt for at least three years.
When must the FDD be delivered?
Under the FTC rule, at least 14 calendar days before the prospective franchisee signs a binding agreement or makes a payment. Some states add their own timing rules, which is why many FDDs include a state paragraph.
Can the receipt be signed electronically?
Yes. The FTC Compliance Guide says a signature can include electronic signatures, passwords or security codes, and receipts can be returned by fax or email.
Is this legal advice?
No. The prescribed paragraphs follow 16 CFR 436.5(w), but state laws can add requirements. Have a franchise attorney review your FDD.