Which exhibits relate to pre-opening purchases/leases for Aunt Millies Bakeries?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Section in Distribution Agreement or Other Agreement | Item in Franchise Disclosure Document | |
|---|---|---|---|
| a. | Site selection and acquisition/lease | Not Applicable | Not Applicable |
| b. | Pre-opening purchases/leases | Bill of Sale (Exhibit D); Computer Equipment Use Agreement (Exhibit G) | Item 7 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 19–20)
What This Means (2025 FDD)
According to the 2025 FDD, Exhibit D, the Bill of Sale, and Exhibit G, the Computer Equipment Use Agreement, relate to pre-opening purchases/leases for an Aunt Millies Bakeries franchise. These exhibits are further referenced in Item 7 of the FDD, which likely details the estimated initial investment, including these pre-opening expenses.
The Bill of Sale (Exhibit D) likely outlines the transfer of distribution rights and customer data from Aunt Millie's Bakeries to the distributor (franchisee). This would involve a purchase price, as indicated in the exhibit, for the rights to distribute products within a specific territory. The Computer Equipment Use Agreement (Exhibit G) suggests that franchisees may need to use specific computer equipment in their operations, potentially requiring them to lease or purchase equipment from Aunt Millie's Bakeries or a designated supplier.
Prospective Aunt Millies Bakeries franchisees should carefully review Exhibits D and G to understand the specific assets they are purchasing or leasing, the associated costs, and any obligations related to these pre-opening requirements. Understanding these agreements is crucial for assessing the initial investment and operational requirements of the franchise. Item 7 of the FDD should also be consulted for a comprehensive overview of all pre-opening expenses.