How many days must a Bambu franchisee have a copy of the MUD Agreement before executing it?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges that it had a copy of this MUD Agreement in its possession for a period of time not fewer than 14 days or 10 business days, whichever is required under applicable law, during which time Franchisee has had the opportunity to submit the same for professional review and advice of Franchisee's choosing prior to freely executing this MUD Agreement.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a franchisee must have a copy of the MUD (Multi-Unit Development) Agreement for a minimum period before executing it. Specifically, the franchisee must possess the MUD Agreement for at least 14 calendar days or 10 business days, whichever duration is mandated by the applicable law.
This mandatory review period allows the prospective franchisee sufficient time to thoroughly examine the terms and conditions outlined in the MUD Agreement. It also provides an opportunity for the franchisee to seek professional advice from attorneys, financial advisors, or other consultants to fully understand the implications of the agreement before committing to it.
This requirement ensures that franchisees make informed decisions and are not pressured into signing agreements without proper consideration. By providing this review period, Bambu aims to promote transparency and fairness in its franchising process, aligning with common industry practices to protect the interests of both the franchisor and the franchisee.