What is the required notice period if the Franchisee wants to terminate the Bambu MUD Agreement?

According to Bambu's 2025 Franchise Disclosure Document, a franchisee may terminate the MUD (Multi-Unit Development) Agreement for any reason, provided they give written notice to all parties involved 60 days in advance. This allows the franchisee to end the agreement if their circumstances change or if they decide the development plan is no longer viable for them.

However, the FDD stipulates that if the franchisee chooses to terminate the MUD Agreement, they will not be entitled to a refund of any fees they have already paid to Bambu under any circumstances. This is an important financial consideration for any franchisee contemplating termination, as they would forfeit any upfront investment made.

This termination clause applies specifically to the MUD Agreement and is separate from the terms governing the individual Franchise Agreements for each Bambu location. The Franchise Agreements have their own termination clauses and conditions. Therefore, franchisees need to carefully evaluate the implications of terminating the MUD Agreement on their existing and future franchise locations, as well as the financial impact of losing any fees already paid.