Under a Multi-Unit Development Agreement with Bang Cookies, where must the Shops be located?
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 a franchisee signs a Multi-Unit Development Agreement, each Bang Cookies shop location must be within the Development Area that is designated in the Multi-Unit Development Agreement. Furthermore, the specific site must be approved by Bang Cookies within that Development Area.
Bang Cookies's approval of future shop locations under a Multi-Unit Development Agreement will be based on their then-current site selection criteria. The FDD outlines several factors Bang Cookies considers when approving a site, including demographic factors, traffic patterns, parking, building structures, visibility, available sign locations, and the proximity to other Bang Cookies shops.
This means that while the franchisee has some flexibility in choosing locations, Bang Cookies retains significant control over the final decision. The franchisee bears the costs of finding and evaluating potential sites, so it is important to understand Bang Cookies's criteria and preferences early in the process to avoid wasting time and money on sites that are unlikely to be approved. Franchisees should engage in thorough due diligence and communicate closely with Bang Cookies during the site selection process.