How does the Bang Cookies FDD define a 'Franchise Outlet'?

According to Bang Cookies's 2024 Franchise Disclosure Document, a 'Franchise Outlet' is defined as a Bang Cookies shop that is operated under a Franchise Agreement and is not a Company Owned Outlet. This distinction is important because the FDD provides financial performance representations for Company Owned Outlets, and these figures may not be representative of the performance of a Franchise Outlet.

Understanding this definition is crucial for prospective franchisees as it clarifies the type of business they would be operating. The FDD uses this definition to differentiate between financial data from company-owned stores and what a franchisee might expect. Since Bang Cookies does not have any Franchise Outlets, the financial data presented is solely based on Company Owned Outlets.

This distinction is further emphasized in the financial performance representations, where data is provided specifically for Company Owned Outlets. Franchisees should be aware that their potential financial performance may differ from the data presented, as noted in the disclaimer. It is important for potential franchisees to conduct their own due diligence and possibly seek financial advice to determine realistic expectations for their own Bang Cookies franchise.