Can the training for a Bambu franchise transferee be completed after the assignment of the Franchise Agreement?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
- b.
Agreement by the proposed transferee to satisfactorily complete the Training Program described in this Agreement, which training may be completed by the transferee either prior to or immediately after assignment of this Agreement.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a proposed transferee can complete the required training either before or immediately after the assignment of the Franchise Agreement. This flexibility allows for a smoother transition process, as the new franchisee can begin operating the Bambu shop without necessarily waiting for training to be completed beforehand.
However, the transferee must agree to satisfactorily complete the Training Program described in the Franchise Agreement. This agreement is a pre-condition for the transfer. This ensures that the new franchisee is committed to learning the Bambu system and maintaining brand standards.
This arrangement is fairly common in franchising, as it balances the need for proper training with the practicalities of transferring ownership. Prospective franchisees should confirm the specific details of the training program and any associated costs with Bambu to fully understand their obligations.