factual

When is the Bambu successor franchise fee payable?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

ent used in the shoppe. |

Column 1 Column 2 Column 3 Column 4
Type of Fee 1 Amount Due Date Remarks
Transfer Fee 1, 2 $15,000 If you transfer rights under a MUD Agreement, you also pay a $7,500 transfer fee for each undeveloped franchise right Payable when you present the written offer from the proposed transferee to us The Transfer Fee applies to a transfer of the Franchise Agreement, MUD Agreement, interest in the shoppe, or the franchise is transferred by you. The transferee is charged no Initial Franchise Fee. We will provide training for three representatives of a transferee under the Franchise Agreement at no further charge.
Successor Franchise Fee 1, 2 $15,000 When you sign the then current Franchise Agreement Payable if you opt for and qualify for a successor franchise at the end of the initial term. Additional training may be required.
Additional Training 1, 2 Then current published rates which are currently $900 per day plus travel related expenses Before the scheduled additional training. Payable only if you request additional persons attend the Training Program (described in Item 11) or hire a new Bambū Certified Team Leader . Additional training is mandatory for a new Bambū Certified Team Leader.
Food Safety Certification 5 Will vary based on state regulations as designated by the provider you select and method of training As incurred Your Bambū Certified Team Leaders must obtain a food safety certification through ServSafe® or another food safety certification program a

Source: Item 6 — OTHER FEES (FDD pages 14–18)

What This Means (2025 FDD)

According to Bambu's 2025 Franchise Disclosure Document, the successor franchise fee is payable when you sign the then-current Franchise Agreement. This fee is $15,000. This fee is only payable if you opt for and qualify for a successor franchise at the end of the initial franchise term.

This means that if a franchisee chooses to renew their franchise agreement at the end of its initial term, and if they meet Bambu's qualifications for renewal, they will need to pay this $15,000 fee at the time of signing the new agreement. This fee covers the cost of extending the franchise rights for another term.

It is important to note that additional training may be required when a franchisee signs a successor franchise agreement. The FDD does not specify whether this additional training incurs further costs, but it is a point a prospective franchisee should clarify with Bambu.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.