What information about the 7 Brew franchisee's direct or indirect owners must be included in Exhibit B?

According to the 2025 7 Brew Franchise Disclosure Document, Exhibit B to the Franchise Agreement must completely and accurately describe all of the franchisee's owners and their direct or indirect interests in the franchise as of the effective date of the agreement. This requirement ensures transparency in the ownership structure of the franchise.

This provision is typical in franchise agreements, as franchisors need to know who the actual owners are for various reasons, including assessing financial capabilities, ensuring compliance with the agreement, and managing potential conflicts of interest. By requiring a complete and accurate description of all owners and their interests, 7 Brew aims to maintain control over its brand and ensure that all franchisees meet its standards.

For a prospective 7 Brew franchisee, this means that they must fully disclose all individuals or entities with any ownership stake in the franchise. Failure to do so could result in a breach of the franchise agreement. It is important for potential franchisees to carefully review Exhibit B and ensure that all information provided is accurate and up-to-date.