Under the Hawaii Rider to the Bambu Franchise Agreement, when are the initial fees payable to Bambu?

According to Bambu's 2025 Franchise Disclosure Document, the Hawaii Rider to the Franchise Agreement addresses the payment of initial fees. Specifically, all initial fees payable to Bambu are deferred until Bambu has fulfilled all of its initial obligations to the franchisee.

This deferral of initial fees is a significant benefit for franchisees in Hawaii. It means that a new Bambu franchisee does not have to pay the initial franchise fee until Bambu has completed its pre-opening obligations. These obligations typically include site selection assistance, training, and providing the franchisee with the necessary manuals and materials to operate the business.

This condition provides a level of financial security for the franchisee, ensuring that Bambu is committed to providing the support and resources necessary to get the business up and running before receiving the initial franchise fee. This arrangement can reduce the initial financial burden on the franchisee and align the franchisor's interests with the franchisee's success during the critical startup phase.