What exhibit contains the Lease Agreement Rider for Bang Cookies?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
| Schedule 1 | Location and Designated Territory Acknowledgment |
|---|---|
| Schedule 2 | Statement of Franchise Owners |
| Exhibit 1 | Franchise Owner and Spouse Agreement and Guaranty |
| Exhibit 2 | Confidentiality Agreement |
| Exhibit 3 | Site Selection Acknowledgment |
| Exhibit 4 | Lease Agreement Rider |
| Exhibit 5 | Collateral Assignment of Lease |
| Exhibit 6 | Assignment of Telephone Numbers and Digital Media Accounts |
| Exhibit 7 | ACH Authorization Form |
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, the Lease Agreement Rider is found in Exhibit 4. This document is an exhibit to the Franchise Agreement. Franchisees should carefully review the Lease Agreement Rider as it outlines the terms and conditions under which they will lease their business location.
The Lease Agreement Rider is a crucial part of the franchise agreement because it sets the ground rules for the franchisee's occupancy of the premises. It will likely cover aspects such as the lease term, rent amount, renewal options, and responsibilities for maintenance and repairs. Understanding these terms is essential for managing the operational costs and legal obligations associated with the franchise.
Prospective Bang Cookies franchisees should pay close attention to this exhibit and seek legal counsel to fully understand their rights and obligations under the lease. This will help ensure that they are entering into a fair and sustainable agreement with the landlord, which is vital for the long-term success of their Bang Cookies franchise.