Does the Bambu Disclosure Document include a Closing Acknowledgment as an exhibit?
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)
Yes, according to Bambu's 2025 Franchise Disclosure Document, a Closing Acknowledgment is included as Exhibit D. Specifically, the receipt page of the FDD includes a list of exhibits that are part of the disclosure document.
Prospective franchisees should carefully review the Closing Acknowledgment to understand its implications. This document likely outlines the franchisee's confirmation that they have received, read, and understood the FDD and related agreements before finalizing the franchise purchase. It may also include acknowledgments related to legal and financial advice.
Franchisees should pay close attention to the details within the Closing Acknowledgment, as signing it indicates their understanding and acceptance of the franchise terms. It is advisable to consult with an attorney or financial advisor to fully comprehend the document's contents and ensure they are making an informed decision before signing.