Does this section of the Aunt Millies Bakeries FDD mention any updates or revisions to the Aunt Millies Bakeries FDD receipt?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
The profit margins on the Products sold by DISTRIBUTOR will be established by AUNT MILLIE's and are subject to change at any time..
DISTRIBUTOR agrees that Non-Recurring Charges noted on Form IO13 attached to this Agreement as Schedule "C" will be assessed and deducted from the weekly settlement, whether or not DISTRIBUTOR signs said form.
DISTRIBUTOR acknowledges and agrees that the charges on Schedule C" (Form IO13) are subject to change by AUNT MILLIE's at any time.
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
Based on the 2025 Aunt Millies Bakeries Franchise Disclosure Document, the receipts for product sales are subject to change at any time. Specifically, the profit margins on products sold by the distributor are established by Aunt Millies Bakeries and can be changed. Additionally, non-recurring charges detailed on Form IO13 (Schedule C) attached to the agreement can be assessed and deducted from the weekly settlement, regardless of whether the distributor signs the form. These charges on Schedule C (Form IO13) are also subject to change by Aunt Millies Bakeries at any time.
For a prospective Aunt Millies Bakeries franchisee, this means that the financial terms related to product sales and associated charges are not fixed and can be altered by Aunt Millies Bakeries during the term of the agreement. This introduces an element of uncertainty, as changes to profit margins or the introduction of new charges could impact the franchisee's profitability. The franchisee should pay close attention to Form IO13 and Schedule C, as these documents outline the non-recurring charges that can be deducted from their weekly settlements.
It is important for potential franchisees to understand the conditions under which these changes can be made and how they will be notified of any such changes. Furthermore, franchisees should consider the potential impact of these changes on their financial projections and business plans. Due diligence, including discussions with existing franchisees, is essential to fully understand the implications of these terms.