What is the deadline for opening a Bambu shoppe after signing the Franchise Agreement?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
nd obtain our approval of the Franchised Location within 90 days of signing the Franchise Agreement. You must open your shoppe within one year after signing the Franchise Agreement. However, we may agree, in our sole discretion, to an extension of these deadlines upon a showing that you are making a diligent effort in obtaining a Franchised Location and opening the shoppe. If you fail to open your shoppe within one year, in our sole discretion, you may be required to pay us the monthly Royalty Fee and Marketing and Technology Fee. No contractual limit exists on the time it takes us to approve or disapprove your proposed location. However, we typically take no more than 10 business days to approve or disapprove your proposed location, and we may extend the deadline for opening your shoppe when circumstances beyond your reasonable control delay the site selection and approval process. (Sections 5.1, 5.8 and 7.1.b of the Franchise Agreement; Section 3.3 of the MUD Agreement.)
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- Assist you with the lease for your Franchised Location, by assisting you with the negotiations and preparation of the LOI for your lease, assisting you with the negotiation of the lease, providing you, among other things, an acceptable use clause, determining that the signage requirements allow for sufficient Bambū branding, negotiating relocation and other terms found in many leases, and other matters. (Sections 5.2 and 7.1.d of the Franchise Agreement.)
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- Make available to you such standards and specifications as we have developed for the leasehold improvements, design of the shoppe, signage, colors, decor, inventory, equipment, artwork, programs, displays and uniforms. We will assist you in developing a required kitchen workflow design. We will provide you with specific equipment specifications for use in creating the layout for your shoppe and an interior design guide, typically after you have signed a LOI for your Franchised Location and before you sign the lease.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 28–38)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a franchisee must open their shoppe within one year after signing the Franchise Agreement. However, Bambu may, at its sole discretion, agree to an extension of this deadline if the franchisee demonstrates a diligent effort in obtaining a Franchised Location and opening the shoppe.
If a franchisee fails to open their Bambu shoppe within one year, Bambu may require the franchisee to pay the monthly Royalty Fee and Marketing and Technology Fee. There is no contractual limit on the time Bambu takes to approve or disapprove a proposed location. However, Bambu typically takes no more than 10 business days to approve or disapprove a proposed location, and Bambu may extend the deadline for opening the shoppe when circumstances beyond the franchisee's reasonable control delay the site selection and approval process.
Bambu estimates that the typical length of time between signing the Franchise Agreement and opening the shoppe will be approximately three to 10 months. This timeframe depends on factors such as locating a satisfactory site, complying with local ordinances and zoning, securing financing, obtaining a lease, upgrading or remodeling an existing location, equipment delivery schedules, recruiting and hiring, purchasing products and supplies, and completing training. The franchisee must obtain Bambu's prior written approval before opening the shoppe.