Where can I find the amount of the Successor Franchise Fee for a Bambu franchise?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
- f.
Pays a successor franchise fee ("Successor Franchise Fee") to Bambu concurrently with the execution of the successor franchise agreement in the amount set forth in Attachment I.
- 18.4 Exercise of Option for Successor Franchise.
Franchisee may exercise its option for a successor franchise by giving written notice of such exercise to Bambu not more than 270 nor less than 180 days prior to the scheduled expiration of this Agreement.
Franchisee's successor franchise rights shall become effective by signing the Franchise Agreement then currently being offered to new franchisees of Bambu.
18.5 Conditions of Refusal. Bambu shall not be obligated to offer Franchisee a successor franchise upon the expiration of this Agreement if Franchisee fails to comply with any of the above conditions for acquiring successor franchise rights. In such event (except for failure to execute the then current Franchise Agreement or pay the Successor Franchise Fee), Bambu shall give Franchisee notice of expiration at least 180 days prior to the expiration of the term, and such notice shall set forth the reasons for such refusal to offer successor franchise rights. Upon the expiration of this Agreement, Franchisee shall comply with the provisions of Section 19.4 below.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the amount of the Successor Franchise Fee is located in Attachment I. To exercise the option for a successor franchise, a franchisee must provide written notice to Bambu between 180 and 270 days before the agreement expires.
To obtain a successor franchise, the franchisee must meet several conditions, including complying with all agreement provisions, upgrading the Bambu shop, completing additional training, and executing a successor franchise rider with a general release of claims against Bambu. The successor franchise rights become effective upon signing the current Franchise Agreement offered to new Bambu franchisees.
Bambu is not obligated to offer a successor franchise if the franchisee fails to meet these conditions. If the franchisee fails to execute the current Franchise Agreement or pay the Successor Franchise Fee, Bambu will notify the franchisee of the expiration at least 180 days before the term expires, stating the reasons for refusal.