According to the Bambu Addendum, what does the Development Area consist of?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. The number of Bambū shoppes to be developed in the Development Area referenced in Section 1.1 of the MUD Agreement (including the first Bambū shoppe to be opened pursuant to the MUD Agreement) shall be: |
|---|
| 2. |
| The Development Area, as referred to in Section 1.1 of the MUD Agreement, is |
| described below by geographic boundaries and on the attached map and shall consist of the following zip |
| or postal codes or areas: |
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the Development Area, as detailed in the Addendum to the Multi-Unit Development Agreement, is defined by geographic boundaries and consists of specific zip or postal codes or areas. This area is further illustrated on an attached map. The number of Bambu shoppes to be developed within this Development Area is also specified in the Addendum, including the initial Bambu shoppe to be opened under the agreement.
This means that a multi-unit developer's exclusive rights to open Bambu locations are limited to this pre-defined Development Area. The specific zip codes, postal codes, or geographic areas will be listed in the Addendum, which is attached to the Multi-Unit Development Agreement. The addendum will also state the total number of Bambu stores the franchisee is obligated to open in the Development Area.
Prospective franchisees should carefully review the Development Area outlined in the Addendum and on the attached map to ensure it aligns with their investment and expansion goals. It is important to understand the demographic and market conditions within the specified area to assess the potential for success. Franchisees should also confirm the total number of stores they are obligated to open to avoid any future conflicts with Bambu.