What agreement is detailed in Exhibit B of the Bambu Franchise Disclosure Document?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: March 31, 2025 I received a Disclosure Document dated March 31, 2025, that included the following Exhibits: Franchise Agreement (Exhibit A); Multi-Unit Development Agreement (Exhibit B); Nondisclosure and Noncompetition Agreement (Exhibit C); Closing Acknowledgment (Exhibit D); Successor Franchise Rider to Franchise Agreement (Exhibit E); Form of General Release (Exhibit F); Owner Operations Manual Table of Contents (Exhibit G); List of Franchisees (Exhibit H); List of Franchisees Who Have Left the System (Exhibit I); Financial Statements (Exhibit J); List of State Agencies/Agents for Service of Process (Exhibit K); and State Addenda to Disclosure Document (Exhibit L).
Source: Item 22 — (FDD page 52)
What This Means (2025 FDD)
According to the 2025 Bambu Franchise Disclosure Document, Exhibit B contains the Multi-Unit Development Agreement. This agreement is separate from the standard Franchise Agreement (Exhibit A) and the Nondisclosure and Noncompetition Agreement (Exhibit C).
The Multi-Unit Development Agreement is relevant for franchisees interested in opening multiple Bambu locations. This type of agreement typically outlines the schedule and requirements for developing several units within a specific territory. It often includes details about development fees, site selection obligations, and performance milestones that the franchisee must meet to maintain their development rights.
Prospective franchisees should carefully review Exhibit B to understand the full scope of their obligations and the franchisor's commitments under a Multi-Unit Development Agreement. Understanding the terms of this agreement is crucial for anyone planning to expand their Bambu business beyond a single location.