What exhibit number is the Site Selection Acknowledgment attached to the Bang Cookies agreement?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchise Agreement – Exhibit 3 Site Selection Acknowledgment
Bang Cookies SITE SELECTION ACKNOWLEDGMENT
(THIS DOCUMENT DOES NOT CONSTITUTE THE APPROVAL OF A SHOP LOCATION, DOES NOT GRANT OR DESIGNATE AN OPERATING TERRITORY AND DOES NOT GRANT ANY TERRITORIAL RIGHTS)
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to the 2024 Bang Cookies Franchise Disclosure Document, the Site Selection Acknowledgment is attached to the Franchise Agreement as Exhibit 3. This document is an acknowledgment and does not constitute approval of a shop location, grant or designate an operating territory, or grant any territorial rights.
This means that while Bang Cookies requires a Site Selection Acknowledgment as part of the franchise agreement, this document simply confirms that the franchisee understands their responsibilities in selecting a location. It does not guarantee any exclusive rights or protected territories.
Prospective Bang Cookies franchisees should be aware that the Site Selection Acknowledgment is a standard form and does not provide any assurance of location approval or territorial protection. Franchisees are responsible for their site selection and must obtain written approval from Bang Cookies for their chosen location.