If a prospective franchisee is purchasing an existing Bambu outlet, what financial information might the franchisor provide?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
rograms approved by Bambu. Bambu reserves the right to require that Franchisee provide access to or copies of certain data upon reasonable request. Franchisee shall supply to Bambu such types of reports in a manner and form as Bambu may from time to time reasonably require including without limitation daily, weekly or monthly sales, labor and inventory reports.
- 16.2 Records Use and Access. Bambu reserves the right to disclose data derived from all financial operational reports received from Franchisee, without identifying Franchisee except to the extent identification of Franchisee is required by law. Franchisee consents to Bambu obtaining information regarding the shoppe and its operations from third parties with whom Franchisee does business, as and when deemed necessary by Bambu.
- 16.3 Verification. Each report to be submitted to Bambu pursuant to this Agreement shall be signed manually or electronically, as the case may be, and verified by Franchisee if so requested by Bambu.
- 16.4 Financial Records. Franchisee shall maintain all books and digital financial records for its Bambū shoppe, as set forth in the OOM, and shall preserve these records as required by any applicable rule, regulation or statute. Any reports, books, records or financial information provided by Franchisee to its landlord or the landlord's agent shall also be provided to Bambu simultaneously.
- 16.5 Records Review. If Franchisee is required to provide any financial records of the Bambū shoppe to any landlord, lender, or other third party pursuant to the terms of any lease, loan agreement, or other agreement, whether written or oral, then Franchisee shall provide to Bambu a copy of those records at the same time they are provided to the third party.
- 16.6 Financial Performance Data and Use. Franchisee shall submit to Bambu current financial statements and other reports as Bambu may request to evaluate or compile research and performance data on any operational aspect of its Bambū shoppe. Bambu may also pull this data from other reports and information provided by Franchisee hereunder.
Source: Item 19 — Financial Performance Representations (FDD page 47)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, when a franchisee seeks to transfer their franchise, which includes selling the shoppe, Bambu may impose reasonable conditions on both the franchisee and the potential transferee. These conditions are in addition to those outlined in Section 17.2 of the franchise agreement.
Bambu collects various financial reports from its franchisees, including daily, weekly, or monthly sales, labor, and inventory reports. Bambu retains the right to disclose data derived from these reports without identifying the franchisee, unless identification is legally required. Additionally, Bambu can obtain information about the shoppe's operations from third parties that the franchisee does business with, as deemed necessary by Bambu.
Furthermore, Bambu may use the financial information submitted by the franchisee to prepare a financial performance representation. Bambu is authorized to release this information to substantiate any financial performance claims made by Bambu, share it in summary form with other franchisees at meetings, or in any other manner Bambu deems appropriate, without needing further consent from the franchisee. All financial information transmitted by the franchisee to Bambu becomes the property of Bambu, with no obligation to account to the franchisee for its use.