What must a Bambu Franchisee obtain before finalizing a specific location for the Franchised Location?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5.2 Approval of Site Acquisition or Lease. Bambu will provide Franchisee assistance with the negotiation and review of a letter of intent for the lease, and the lease, for the Franchised Location, as Bambu determines appropriate in its discretion. Bambu's assistance will include suggestions and recommendations concerning the terms and conditions of the letter of intent and lease provisions. It ultimately is the responsibility of Franchisee to negotiate and accept the final terms of the lease and related documents. Franchisee must obtain Bambu's prior written approval before executing any letter of intent or lease for the Franchised Location. If Franchisee leases the Franchised Location, Franchisee shall ensure that the lease for the Franchised Location contains a use clause approved by Bambu and signage criteria that provides for adequate branding of the Bambū shoppe. While Bambu's assistance may include recommendations to protect Franchisee under the terms of the lease, Franchisee acknowledges that Bambu's involvement in the negotiation or approval of a lease for the Franchised Location is primarily for Bambu's benefit only and does not constitute a recommendation, endorsement or guarantee by Bambu of the suitability or profitability of the location, the lease. Franchisee should take all steps necessary to
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a prospective franchisee must obtain Bambu's prior written approval before executing any letter of intent or lease for the Franchised Location. The franchisee is responsible for finding a suitable location for the Bambu shop within 90 days of signing the agreement, though Bambu may extend this deadline if the franchisee is diligently searching.
To gain approval, the franchisee must submit site information, including the address, site plan, terms sheet, demographics, and any other materials Bambu requests. Bambu also offers assistance with negotiating and reviewing the letter of intent and the lease, providing suggestions and recommendations on the terms and conditions.
However, the franchisee is ultimately responsible for negotiating and accepting the final lease terms. The franchisee must ensure the lease contains a use clause approved by Bambu and signage criteria that allows for adequate branding of the Bambu shop. While Bambu provides assistance, the FDD states that this assistance is primarily for Bambu's benefit and does not guarantee the location's suitability or profitability.