Is Section 24.16 of the Bambu Franchise Agreement applicable to Virginia franchisees entering into the attached agreement?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
VIRGINIA RIDER TO FRANCHISE AGREEMENT
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- Section 24.16 of the Agreement will not be applicable to the Agreement signed by a Virginia franchisee entering into the attached Agreement.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, Section 24.16 of the Franchise Agreement will not apply to Virginia franchisees who sign the agreement. This information is part of a Virginia Rider included in the franchise agreement.
This means that a specific clause within the main Bambu franchise agreement is being waived or altered for franchisees operating in Virginia. Riders to franchise agreements are common, as franchise laws vary considerably by state. These riders ensure that the franchise agreement complies with local regulations.
Prospective franchisees in Virginia should carefully review the Virginia Rider to fully understand which provisions of the standard Bambu franchise agreement are modified or waived. This ensures they are aware of their rights and obligations under Virginia law.