What agreement has the Franchisee entered into for the ownership of a Bang Cookies Shop?

According to Bang Cookies' 2024 Franchise Disclosure Document, a franchisee enters into a 'Bang Cookies Shop Franchise Agreement' for the ownership, development, and operation of a Bang Cookies Shop. This agreement grants the franchisee the right to operate a Bang Cookies Shop under the company's established system, which includes the use of their trademarks, trade dress, and operational procedures.

For franchisees pursuing multiple locations within a defined area, they will enter into a Development Agreement, in addition to individual Franchise Agreements for each Bang Cookies Shop. Each shop must adhere to the terms and conditions outlined in Bang Cookies' then-current Franchise Agreement. The franchisee must execute the standard Franchise Agreement for each Bang Cookies Shop they own, develop, and open in the Development Area.

Furthermore, the franchisee and their spouse may be required to sign a 'Franchise Owner and Spouse Agreement and Guaranty'. This agreement binds them to the terms and conditions of the Franchise Agreement in their individual capacities, ensuring their commitment to protecting Bang Cookies' system and intellectual property. This agreement also serves as a personal guarantee of the franchisee's financial and other obligations to Bang Cookies.