Under what conditions might Bambu grant a franchisee additional time to locate a site?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
You must find an acceptable site within 90 days of signing the Franchise Agreement unless we agree to grant you additional time, which we will consider granting if you provide evidence that you have made a diligent effort in obtaining a site. Additionally, if we disapprove of any proposed site, we will grant you an additional reasonable time to obtain
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 28–38)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, a franchisee is initially given 90 days from the signing of the Franchise Agreement to find an acceptable site for their Bambu shoppe. However, Bambu may grant additional time under certain circumstances.
Bambu will consider granting an extension if the franchisee provides evidence that they have made a diligent effort to find a site. This suggests that franchisees need to actively demonstrate their efforts through documentation and communication with Bambu. Additionally, if Bambu disapproves of a proposed site, they will grant the franchisee a reasonable amount of additional time to find another acceptable location.
These provisions offer some flexibility for franchisees who may encounter difficulties in securing a suitable location within the initial timeframe. However, it's important to note that the extension is not guaranteed and depends on the franchisee's demonstrated effort or Bambu's rejection of a proposed site. Franchisees should maintain open communication with Bambu throughout the site selection process to ensure they meet the necessary requirements for an extension, if needed.