Does the Aunt Millies Bakeries FDD include Exhibit F, which is a Buy Back Agreement?

Yes, according to the 2025 Aunt Millies Bakeries FDD, Exhibit F is a Buy Back Agreement. The exhibit is titled "PERFECTION BAKERIES, INC. BUY BACK AGREEMENT." The agreement is between Perfection Bakeries, Inc., doing business as Aunt Millies, and the distributor. It outlines the terms under which Aunt Millies might repurchase the distributorship.

Buy-back agreements are common in franchising. They protect the franchisor by providing a mechanism to regain control of a territory if a franchisee defaults or wishes to exit the business. For a prospective Aunt Millies Bakeries franchisee, this means that under certain conditions, Aunt Millies Bakeries might buy back the distribution rights.

The Buy Back Agreement included as Exhibit F in the Aunt Millies Bakeries FDD does not contain the full terms and conditions of the agreement, so a prospective franchisee should carefully review the complete agreement to understand the circumstances that would trigger the buy-back option, the valuation method used to determine the buy-back price, and any other relevant terms and conditions.