What date is recorded on the Bambu acknowledgement?
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). Date: Signature of Prospective Franchisee (Do not leave blank) Print Name
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the issuance date recorded on the disclosure document receipt is March 31, 2025. This receipt acknowledges that a prospective franchisee received the FDD, including exhibits such as the Franchise Agreement, Multi-Unit Development Agreement, and financial statements. The franchisee must sign and date the receipt, but the FDD does not specify a particular date for the franchisee's signature.
This date is important because franchise regulations typically require a cooling-off period. Bambu must provide the Disclosure Document to the prospective franchisee 14 calendar days before they sign a binding agreement or make a payment. New York and Michigan have similar requirements of 10 business days before signing any agreement or payment of consideration.
The receipt serves as proof that Bambu provided the FDD within the legally mandated timeframe, protecting both the franchisor and franchisee. The franchisee's signature confirms they received the document, while the date ensures compliance with disclosure rules. Bambu requests that the signed and dated receipt be returned by digital signature, mail, or email.
Prospective franchisees should carefully review the FDD and its exhibits after signing the receipt. They should also consult with an attorney or financial advisor to fully understand the terms and conditions of the franchise agreement before making any commitments.