What are some examples of "Institutional Facilities" where Bambu reserves the right to establish shoppes?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) to use and license others to use the Marks and Bambū system to establish shoppes at Institutional Facilities at any location. "Institutional Facilities" means outlets that serve primarily customers located within a captive facility, such as parks charging admission, stadiums, amusement parks, theaters, art centers, airports, transportation facilities, department stores, business and industrial complexes, museums, educational facilities, hospitals, military complexes, buyer club facilities, casinos, resorts, hotels, and convention centers.
Bambu, on behalf of itself, its affiliates and designees, reserves the right to contract with Institutional Facilities to develop and operate shoppes within these facilities; and
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, Bambu retains specific rights regarding where they can establish shoppes, including at "Institutional Facilities".
"Institutional Facilities" are defined as outlets serving primarily customers within a captive facility. Examples of these facilities include parks charging admission, stadiums, amusement parks, theaters, art centers, airports, transportation facilities, department stores, business and industrial complexes, museums, educational facilities, hospitals, military complexes, buyer club facilities, casinos, resorts, hotels, and convention centers.
Bambu reserves the right to contract with these Institutional Facilities to develop and operate shoppes within them. This means that even if a franchisee has a protected area, Bambu can still open a location within an Institutional Facility in that area. This is an important consideration for prospective franchisees as it clarifies the limitations of any territorial protection they might receive.