How does Bambu determine the amount due for new equipment, upgrading, and remodeling expenses?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee 1 | Amount | Due Date | Remarks |
|---|---|---|---|
| also pay us the monthly amount of the Royalty Fee during the closure period. | |||
| New Equipment, Upgrading, and Remodeling Expenses 4, 5 | Will vary depending on the items that are upgraded or remodeled. | As required by us | Payable if we require new equipment, upgrades, or remodeling of the premises, the furnishings or the equipment used in the shoppe. |
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the cost for new equipment, upgrades, and remodeling expenses will vary. The amount depends on the specific items that are being upgraded or remodeled. These expenses are payable if Bambu requires new equipment, upgrades, or remodeling to the premises, furnishings, or equipment used in the shoppe.
This means that as a Bambu franchisee, you may incur additional costs for keeping your shoppe up-to-date, and these costs are not fixed. The franchisor determines when these upgrades or remodels are necessary. This gives Bambu the discretion to mandate changes, and the franchisee is responsible for covering the varying costs associated with those changes.
Franchisees should be aware that these costs can arise at any time during the franchise term, as determined by Bambu. It is important to maintain open communication with Bambu to understand potential future upgrade or remodeling requirements and to budget accordingly. This differs from some franchise systems that have a set schedule for required remodels, allowing for more predictable financial planning.