If I enter into a Multi-Unit Development Agreement with Bang Cookies, what area will be designated for development?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
If you sign a Multi-Unit Development Agreement then each Shop Location must be located within the Development Area designated in the Multi-Unit Development Agreement and, as applicable, at sites that we approve within the Development Area.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 29–36)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, if you enter into a Multi-Unit Development Agreement, Bang Cookies will designate a specific Development Area for you. The shops you develop under this agreement must be located within this designated Development Area.
Once you choose a shop location within the Development Area and Bang Cookies approves it, the Franchise Agreement for each shop will define a Designated Territory. This Designated Territory will include geographic boundaries and/or a description specific to each shop. Bang Cookies's approval of future shop locations under the Multi-Unit Development Agreement will depend on their current site selection criteria at that time.
Bang Cookies also provides site selection guidelines to help you choose a location. While you are responsible for the costs of finding and evaluating potential sites, any location you select must be approved by Bang Cookies. Factors Bang Cookies considers include demographics, traffic patterns, parking, building structures, visibility, sign locations, the site's characteristics, its location relative to the Development Area, and proximity to other Bang Cookies shops. The landlord must also approve Bang Cookies's Lease Agreement Rider.