Who is required to attend the annual convention of franchise owners for a Bambu franchise?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee (or, if Franchisee is not an individual, an owner designated by Bambu) shall attend an annual convention of franchise owners. Bambu may also require Franchisee to attend additional training specifically for Franchisee if Bambu deems it necessary or appropriate in its discretion. Franchisee will be responsible for all traveling, lodging, and meal expenses which are associated with attendance at any mandatory training program and the annual convention. Bambu reserves the right to charge a fee or tuition based on its then-current published rate for any training that Franchisee requests or that Bambu requires specific to Franchisee.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the franchisee (or, if the franchisee is not an individual, an owner designated by Bambu) is required to attend the annual convention of franchise owners. This means that if you own a Bambu franchise, either you as the individual owner, or a designated owner if the franchise is owned by a company, must attend the annual convention.
This requirement ensures that all Bambu franchisees or their designated representatives stay informed about the brand's current strategies, updates, and best practices. It also provides a platform for networking and collaboration among franchisees.
The franchisee is responsible for all traveling, lodging, and meal expenses associated with attending the annual convention. This could represent a significant cost for franchisees, so it's important to factor these expenses into your budget when considering a Bambu franchise. Franchisees should also be aware that Bambu may also require the franchisee to attend additional training specifically for the franchisee if Bambu deems it necessary or appropriate.