Under what circumstances are the fees paid to Bambu refundable?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
of Royalty Fees during the closure period, although Bambu will waive the Marketing and Technology Fee until the relocated Bambū shoppe has opened. Franchisee acknowledges that Bambu has earned the relocation fee upon receipt thereof, and that the fee is under no circumstances refundable to Franchisee after it is paid, unless otherwise specifically set forth in this Agreement.
12.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, fees paid are generally nonrefundable, but there are limited exceptions. Specifically, the relocation fee is nonrefundable once paid, unless otherwise stated in the agreement.
The franchise agreement specifies that all fees paid to Bambu are nonrefundable unless explicitly stated otherwise within the agreement. This policy covers various fees, including the Royalty Fee and the Marketing and Technology Fee.
A prospective franchisee should carefully review the franchise agreement to understand the specific conditions under which any fees might be refundable, as these instances appear to be very limited. Understanding the nonrefundable nature of most fees is crucial for financial planning and risk assessment before investing in a Bambu franchise.